Bank Bailout Chief Kashkari Will Run for California Governor
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Neel Kashkari, who managed the $700 billion rescue of the U.S. banking system, said he’s running for governor of California in a bid to unseat Democrat Jerry Brown.
Kashkari, 40, joins state Assemblyman Tim Donnelly, a Tea Party favorite, in the Republican race to oust Brown, 75. Brown has yet to declare his candidacy. If he does, all three would compete in an open primary June 3, where the top two vote-getters advance to the general election in November, regardless of party.