Bloomberg Talks Los Angeles Mayor Karen Bass Talks Public Transit
Mar 27, 2026
Karen Bass, mayor of Los Angeles and former legislator, discusses the city’s push for public transit amid rising gas prices. She talks fast-tracking permits to speed housing construction. She covers boosting filming with tax incentives, prepping for major events like the World Cup and LA28, and updates on homelessness and city services.
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Promote Transit To Mitigate Gas Price Pain
- Encourage use of public transit and carpooling to ease pain from high gas prices.
- Los Angeles invested in public transportation for decades and taxes itself to fund environmental improvements that raise pump prices.
Fast Track Permits To Unlock Housing Supply
- Fast track permits and cut red tape to accelerate housing and commercial construction.
- Karen Bass signed an executive directive early in her term and 40,000 units are now in process with several thousand actively under construction.
Local Policy Can Cushion Entertainment Consolidation
- City-level policies can retain and grow the entertainment sector despite consolidation pressures.
- Los Angeles used state tax credits and city policy changes to boost filming, resulting in over 119 new projects since those measures passed.