Karen Bass holds the lead in the November 3 runoff as the incumbent mayor with a broad coalition of labor, business, and elected officials in a heavily Democratic city. She advanced from the June 2 primary with 34.3 percent, ahead of Nithya Raman at 29 percent, after both outpaced other candidates including Republican Spencer Pratt. Recent September developments have centered on homelessness policy, with Raman criticizing oversight of the Los Angeles Homeless Services Authority and pledging greater City Hall control of spending, while Bass steps down from the agency commission amid congressional scrutiny and mixed data on unsheltered counts. These dynamics, combined with Bass's established fundraising and organizational edge, underpin the current market pricing.

Sep 9 2026

Homelessness spending and LAHSA oversight become flashpoint in Bass-Raman mayoral race

A public debate between Karen Bass and Nithya Raman over homelessness spending and oversight of the Los Angeles Homeless Services Authority highlighted policy differences and influenced voter perceptions ahead of the runoff.

Sep 3 2026

Spencer Pratt rallies supporters as Los Angeles mayoral race enters final stretch

Nithya Raman dips to 32%3%

Spencer Pratt's active campaigning in early September influenced voter preferences and market sentiment, particularly affecting Nithya Raman's price as Pratt's supporters considered runoff choices.

Show more