May 15, 2024 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Obama to promote economic opportunity plans, conduct political fundraiser

President Barack Obama is scheduled today to use the first day of a two-day Los Angeles area visit to promote his plans to create economic opportunity for millennials and conduct a fundraiser at Gwyneth Paltrow’s home.

Obama is scheduled to arrive aboard Air Force One at Los Angeles International Airport from Joint Base Andrews this afternoon for his 20th trip to Los Angeles or Orange counties since taking office in 2009. His first stop will be Cross Campus, described by the White House as a collaborative space in Santa Monica that brings together freelancers, creative professionals, entrepreneurs, and startup teams funded by venture capitalists.

Obama is scheduled to tour its working space and interact with founders of several start-ups there and participate in a town hall meeting on the economy, with a particular focus on millennials, according to the White House.

The event coincides with today’s release of a report by the President’s Council of Economic Advisors on millennials, the group born between 1980 and the mid-2000s, the nation’s largest generation, representing one-third of the population.

In an attempt to aid millennials, Obama has proposed increasing federal financial support for higher education, making student loan payments more affordable, supporting innovation, increasing the minimum wage and assisting first-time homebuyers.

Obama will then speak and answer questions at a reception and dinner benefiting the Democratic National Committee at Paltrow’s home.

Tickets are priced from $1,000 to $32,400, the maximum allowable contribution to a national party committee in a calendar year, according to the website, PoliticalPartyTime.org, which tracks political fundraisers.

The fundraiser will be Obama’s 30th in Los Angeles County as president. Bill Clinton conducted 36 and George W. Bush and Ronald Reagan eight each through the sixth years of their administrations, according to research by Brendan J. Doherty, an associate professor in the Department of Political Science at the U.S. Naval Academy, for his book “The Rise of the President’s Permanent Campaign.”

George H.W. Bush conducted 10 and Jimmy Carter six during their single terms, according to Doherty.

Obama has conducted fundraisers during 17 of his 20 trips to Los Angeles or Orange counties as president.

Coincidentally, one of Obama’s top political adversaries is also scheduled to be in the Southland for a fundraiser today. House Speaker John Boehner, R-Ohio, is set to headline an evening fundraiser in Irvine for the Republican Party of Orange County.

The president will conduct another Democratic National Committee fundraiser Friday and go to Frank G. Bonelli Regional Park in San Dimas to announce an executive order declaring 346,000 acres of land in the San Gabriel Mountains northeast of Los Angeles as a national monument.

Obama’s arrival comes hours after The Washington Post reported that senior White House aides were given information in 2012 suggesting that a prostitute was an overnight guest in the hotel room of a presidential advance team member in Colombia, yet that information was never thoroughly investigated or publicly acknowledged.

White House Principal Deputy Press Secretary Eric Schultz told The Post on Wednesday that Obama and his advisers did not interfere with an investigation conducted by the Department of Homeland Security’s Inspector General’s Office.

Related Posts

(Video) Hang-Ten Therapeutics Uses Sand, Ocean and Surfboards as a Source of Empowerment

May 15, 2024

May 15, 2024

More Information at hang-tentherapuetics.com @centurycitywestwoodnews Surf therapy is a source of empowerment #therapy #surfing #losangeles #fyp #santamonica ♬ original sound...

FBI and DHS Warn of Potential Threats to LGBTQIA+ Events in June

May 14, 2024

May 14, 2024

Foreign Terrorist Organizations Could Target Pride Celebrations The FBI and Department of Homeland Security (DHS) are alerting the public to...

Former Riverside Resident to Plead Guilty to Hate Crimes Against Jewish Men

May 14, 2024

May 14, 2024

Man Agrees to Face Justice for Pico-Robertson Area Shooting A former Riverside resident who shot and wounded two Jewish men...

Teenage Students Fall Ill After Ingesting Cannabis Edibles on Field Trip

May 14, 2024

May 14, 2024

Incident Occurs at La Brea Tar Pits; Students Transported to Hospitals Eight teenage students fell ill during a field trip...

Palmer Candy Company Recalls “White Coated Confectionary Items” Over Salmonella Concerns

May 14, 2024

May 14, 2024

Products Distributed in California Stores Pose Potential Health Risk Palmer Candy Company has issued a voluntary recall of its “White...

Exciting Events Await at Brentwood, West LA, and Palisades Libraries

May 13, 2024

May 13, 2024

From Music, Banned Books to Storytime, Here’s What’s Happening The Brentwood Library was buzzing with energy last Saturday as families...

Ex-Fat Brands CEO Faces Federal Charges for $47 Million Scheme

May 13, 2024

May 13, 2024

Alleged Scheme Involves Concealment of $47 Million in Distributions Andrew A. Wiederhorn, the former CEO and current controlling shareholder of...

66 Officers in the Los Angeles County Probation Department Placed on Leave

May 13, 2024

May 13, 2024

Move Aims to Address Allegations of Official Misconduct During Probe The LA County Probation Department has taken action against 66...

Los Angeles County Commission Presents 2022 Hate Crimes Report

May 13, 2024

May 13, 2024

Event to Shed Light on Hate Incidents in LA County and City  The Los Angeles County Commission on Human Relations...

 Venice Family Clinic’s HEART Gala Raises $2.7 Million, Honors Morleigh Steinberg and U2’s The Edge

May 12, 2024

May 12, 2024

Star-Studded Event Blends Health and Art to Raise Money Artists, philanthropists, and celebrities came together last night for the Venice...

Sony Eyes Purchase of Paramount Global and Selling Iconic Hollywood Lot

May 12, 2024

May 12, 2024

Potential Acquisition Could Reshape Entertainment Landscape There are reports that Sony Group Corporation is considering purchasing Paramount Global which would...

Los Angeles County Issues Beach Closure and Water Use Warning

May 12, 2024

May 12, 2024

Residents Urged to Use Caution Amid Elevated Bacterial Levels The Los Angeles County Department of Public Health has issued an...

Local Pianist to Debut Fully-Orchestrated Elton John Tribute

May 12, 2024

May 12, 2024

Acclaimed pianist Michael Sobie brings his vision and sound to life with the premiere of ROCKET MAN: A Live Orchestral Experience,...

Drake’s Beverly Hills Mansion Hits Market for $88 Million Amidst Rap Beef Drama

May 12, 2024

May 12, 2024

Speculation Arises Over Connection Between Feud and Real Estate Moves Does the rap beef between Pulitzer Prize winner Kendrick Lamar...

Westside Events: Help Neighbors in Need Donation Drive, Coffee Cupping at Equator Coffee

May 10, 2024

May 10, 2024

Donate at Culver City Fire Department and Attend a Special Coffee Event at the Ivy This weekend, the Culver City...