Loans of less than $10,000 with rates of over 100% have swelled to nearly 1/3 of California's non-bank consumer lending market. Consumer advocates say that lenders are profiting off of borrowers' desperation or lack of financial sophistication.
Here's what California's already doing, or considering, as the Democrats who control the state pursue policies that are a repudiation of the current federal approach.
California Republican delegates gather to elect a new party chair, many may be pondering and likely fiercely debating a much bigger question: What now?
Jerry Brown issued his regular Christmas pardons this week, concluding a record-breaking eight years that make him the most forgiving governor in modern California history.
In every single congressional district that featured a face-off between a Democrat and Republican in this midterm and the last, the California electorate shifted further blue. The average Democratic gain was 9 percentage points.