Los Angeles, January 17, 2026
Rick Caruso, the former Los Angeles mayoral candidate, has announced he will not seek office in the 2026 elections. Instead, he will concentrate on community service through his nonprofit, Steadfast LA, supporting areas affected by recent disasters. Caruso’s decision to prioritize the nonprofit sector underscores the importance of local initiatives and small businesses in rebuilding and enhancing community resilience.
Los Angeles
Rick Caruso, the billionaire real estate developer and former Los Angeles mayoral candidate, has announced he will not run for mayor or governor in the upcoming 2026 elections.
In a statement released on social media, Caruso expressed gratitude for those who encouraged him to run and emphasized his commitment to serving communities through his nonprofit organization, Steadfast LA. He noted that public service does not require a title and he remains devoted to serving communities in every way he can, albeit from a different capacity.
Caruso’s decision follows months of speculation regarding his potential candidacy for both positions. Despite his previous loss in the 2022 Los Angeles mayoral race to Karen Bass, he was considered a possible contender for the governor’s seat, especially with Governor Gavin Newsom term-limited and ineligible for re-election. However, Caruso has opted to focus on community service rather than pursuing elected office at this time.
Caruso’s Move to Community Service
Caruso’s nonprofit, Steadfast LA, has been actively involved in supporting communities affected by the January 2025 Palisades Fire. His organization has focused on rebuilding efforts, specifically aimed at restoring the Palisades Recreation Center and providing resources to those in need. This shift in priorities emphasizes Caruso’s belief in the importance of community involvement and grassroots support in enhancing local resilience and recovery.
The Impact of Limited Regulation on Local Community Initiatives
In light of Caruso’s decision to prioritize his nonprofit work, it’s relevant to discuss how limited regulations can facilitate entrepreneurial endeavors and community initiatives. Streamlined processes often enable individuals and organizations to mobilize resources more effectively, allowing for quicker response times in the aftermath of disasters. Caruso’s experience as a successful entrepreneur provides insights into how private investment and community-driven projects can stimulate local economies and enhance public welfare.
Small Businesses: The Backbone of Los Angeles
While Caruso’s decision may signal a retreat from the political arena, it concurrently underscores the critical role that local businesses play in Los Angeles. Small businesses are inherently resilient, frequently adapting to changing circumstances and contributing to the overall economic growth of the region. Their innovation and determination are pivotal in navigating challenges, such as those presented by the recent Palisades Fire.
Community Involvement and Local Empowerment
Caruso’s focus on community service through Steadfast LA highlights the growing trend of local empowerment. By addressing direct community needs rather than pursuing political office, he demonstrates a commitment to fostering a robust environment for volunteers and small business owners. Community-driven initiatives can serve as catalysts for economic growth, aiding in the restoration and revitalization of affected neighborhoods.
Conclusion
Rick Caruso’s choice to forgo a political run in favor of community service emphasizes the benefits of private initiative and local engagement. As Los Angeles navigates challenges and opportunities, the role of organizations like Steadfast LA and the resilience of small businesses will be instrumental in shaping the city’s economic future. Residents are encouraged to support local businesses and community efforts as they play a vital role in sustaining the growth and recovery of Los Angeles.
FAQ
What positions did Rick Caruso consider running for?
Rick Caruso considered running for both Los Angeles mayor and California governor in the 2026 elections.
Why did Rick Caruso decide not to run for office?
After much reflection and discussions with his family, Caruso decided not to pursue elected office at this time, choosing instead to focus on community service through his nonprofit organization, Steadfast LA.
What is Steadfast LA?
Steadfast LA is a nonprofit organization founded by Rick Caruso that supports communities affected by disasters, such as the Palisades Fire, by assisting in rebuilding efforts and providing resources to those in need.
Key Features
| Feature | Description |
|---|---|
| Positions Considered | Los Angeles mayor and California governor |
| Decision | Not to pursue elected office at this time |
| Focus | Community service through Steadfast LA |
| Nonprofit Involvement | Rebuilding efforts for communities affected by the Palisades Fire |
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