There are political aftershocks being felt this morning in California from the quake that erupted when Congressman Kevin McCarthy took himself out of the running for speaker of the House of Representatives. McCarthy's colleagues and Republican watchers say the decision by the Bakersfield politician is a real loss for the Golden State.
A host of industries stand to reap big rewards from a trade pact reached this week by the U.S., Japan and 10 other Pacific Rim countries. The Trans-Pacific Partnership, as it's known, aims to lower trade barriers, loosen intellectual property laws and also promises tougher labor standards among other things. The pact still needs the endorsement of Congress before it takes effect. To help us unravel what the TPP could mean for California business and for its workers we’re joined by KPCC business reporter Ben Bergman.
End Music: "Classic Soul" by Pacific Air, from the album "Stop Talking" (Universal Republic Records)