Evercore Co-Founder Beutner Launches Los Angeles Mayoral Bid
Austin Beutner, a former investment banker and superintendent of the Los Angeles Unified School District, has announced his candidacy for the Los Angeles mayoral election. Beutner, a Democrat, will be challenging fellow Democrat Karen Bass for the position. Beutner co-founded the investment banking firm Evercore and previously served as the superintendent of the Los Angeles Unified School District. His announcement comes as the city faces numerous challenges, including the COVID-19 pandemic, homelessness, and economic recovery. Beutner's campaign is likely to focus on his experience in both the private and public sectors, as well as his vision for addressing the city's pressing issues. The race for the Los Angeles mayoral seat is expected to be closely watched, as the city seeks to navigate the ongoing challenges and chart a path forward.
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