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Rick Caruso Exits California Race, Rival Candidates Gain Ground

1/17/2026

35 8 Full Breakdown

Summary

Story summary

On January 17, 2026, Rick Caruso, billionaire developer, announced he will not run for California governor or Los Angeles mayor to focus on Steadfast LA.
His decision relieves rivals who feared his financial backing could disrupt the races.
Caruso lost to Mayor Karen Bass in 2022, with a rematch seen as difficult due to Bass's higher approval ratings.
Austin Beutner and Spencer Pratt are positioned to challenge Bass.

History

Historical Context

In 2022, Karen Bass made history as the first woman elected mayor of Los Angeles, winning 55% of the vote against Rick Caruso. This election underscored a shift towards greater diversity in leadership within the city. As political dynamics evolve, Caruso's withdrawal from the 2026 race opens the field for challengers like Austin Beutner and Spencer Pratt, potentially reshaping California's political landscape.

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Story summary

On January 17, 2026, Rick Caruso, billionaire developer, announced he will not run for California governor or Los Angeles mayor to focus on Steadfast LA.
His decision relieves rivals who feared his financial backing could disrupt the races.
Caruso lost to Mayor Karen Bass in 2022, with a rematch seen as difficult due to Bass's higher approval ratings.
Austin Beutner and Spencer Pratt are positioned to challenge Bass.

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