DHS Barrels Towards Shutdown as Congress Leaves Washington and a CA Bill May Provide Mortgage Relief to LA Fire Victims

The Department of Homeland Security could shut down this weekend if lawmakers leave Washington for a holiday break without reaching a deal on a funding bill. Meanwhile, inflation cooled in January. New data shows U.S. inflation at 2.4%, just above the Federal Reserve’s 2% target. In other news, President Trump repealed the 2009 endangerment finding on greenhouse gases, reversing years of federal climate policy. And in Southern California, a storm is expected to bring moderate rain and potentially dangerous waves to the coast next week. In business, a proposed California bill would extend mortgage relief for homeowners rebuilding after the Palisades and Eaton fires, and Wall Street is selling stocks seen as vulnerable to artificial intelligence disruption. Read more at LATimes.com.