Crypto News: California's YIMBY victory

New bills signed Monday by California Governor Gavin Newsom will exempt a range of home and manufacturing construction projects from a 1970 environmental review law that critics say has hobbled governments' ability to build. Known as the California Environmental Quality Act, the landmark law requires local government to consider the environmental impacts of development projects before granting approval.

While such regulation has its benefits, critics argue that the CEQA has been misused by NIMBY groups to block and delay new housing construction — in a state with some of the highest home prices in the country — and much-needed infrastructure projects. Some environmentalists, meanwhile, argue that scaling back the regulations takes away a tool to challenge polluting developments, Bloomberg Government's Andrew Oxford reports. Today on CityLab: California Exempts Building Projects From Environmental Law

— Linda Poon

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From the Archive: The Landmark Environmental Law Inside a NIMBY Firestorm
Since the 1970s, critics have argued that the California Environmental Quality Act is doing more harm than good. What would reforming the law look like?

NYC's Immigration Arrests Jump 11%, Putting Sanctuary City to Test
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Mamdani clinches NYC mayoral primary

56%

The share of votes for 33-year-old Zohran Mamdani — a 12-point lead over former governor Andrew Cuomo — according to newly released ranked-choice tabulations.

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