Press Releases

The program will enable the Los Angeles Fire Department (LAFD) to clear vegetation in areas that pose the greatest risk of wildfires and threat to life and property.

Washington, D.C. - Congressman Brad Sherman announced that the House of Representatives approved a half million dollars in federal appropriations funding for a smart grid initiative in the City of Burbank.

Today, the House passed the Energy and Water Appropriations Act for 2010, which includes this project. The Senate is expected to pass the bill next week.

Washington, D.C. - Federal spending legislation passed by the House of Representatives today includes $2 million for U.S.–Israel energy cooperation. This funding represents the second appropriation for a program originally sponsored by Congressman Brad Sherman as the U.S.-Israel Energy Cooperation Act. The funds will go to a grant program that will provide assistance to cooperative efforts by Israeli and U.S.

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) announced that the U.S. Small Business Administration (SBA) has made available low-interest disaster loans for homeowners, property owners, renters, and businesses impacted by the Station Fire, which has destroyed or damaged 102 homes and 48 commercial properties mostly within the Angeles National Forest.  The SBA is making these low-interest loans available to help individuals and families cover the gap between the cost of rebuilding and the amount of insurance settlements. 

Washington, D.C. - Congressman Brad Sherman (D-CA) issued the following statement after President Barack Obama addressed a Joint Session of Congress on the issue of health insurance reform:

“Tonight the President began to do something that we needed to do early in the process: explain to Americans who like their health coverage why a change in law is necessary.

“The President was clear. If you like the coverage you have, and we adopt his reform proposal, you can keep what you have.

7:30 p.m. – 9:00 p.m. India Association of Los Angeles-San Fernando Valley, India Independence Day Celebration

Washington, D.C. - Congressman Brad Sherman, the most senior Democrat on the House Financial Services committee to have opposed the Troubled Asset Relief Program, reacted today to reports that the Security and Exchange Commission (S.E.C.) levied a $33 million fine against Bank of America (BofA) for keeping investors in the dark over billions of dollars of bonuses paid to Merrill Lynch bankers in the wake of a $50 billion merger with the Wall Street brokerage firm last year.