Richard Joseph Riordan is an American investment banker, businessman, and politician who served as the 39th Mayor of Los Angeles, California serving from 1993 to 2001. He is a member of the Republican Party. To date, Riordan remains the most recent Republican to serve as Mayor of Los Angeles.
When Los Angeles MayorTom Bradley announced his retirement, Riordan's interest turned to the 1993 mayoral election. On election day, Riordan won, 54%–46%, becoming the first Republican mayor in over thirty years. Many of his proposals were blocked by the heavily Democratic City Council or proved simply unfeasible in reality; for example, the police academy did not have enough classroom space and instructors to train as many new police officers as Riordan had initially promised. He streamlined certain business regulations and established "one-stop" centers around the city for functions such as permit applications. He feuded with Gates' successor, former Philadelphia police commissioner Willie Williams, but oversaw a general decline in crime. That year, he was reelected against California State SenatorTom Hayden. Riordan's tenure was marked by a controversy over the massive cost overruns occurring during the construction of the Los Angeles County Metropolitan Transportation Authority's Red Linesubway. At the same time, a previously little-known group called the Bus Riders Union sued the city – on the basis of racial discrimination – over diversion of funds from buses to Red Line construction, and managed to force it into a ten-year consent decree in 1996 that eviscerated MTA funding for the construction of subway and light rail projects. Riordan has publicly regretted having signed the consent decree and counts it as the biggest mistake of his mayoral tenure. Riordan was succeeded in 2001 by James Hahn after becoming the first Mayor of Los Angeles to be term-limited out of office; it was Riordan who spearheaded the city's term limit ballot initiative, prior to becoming mayor. In the mayoral primary election that year, Riordan had endorsed his advisor and friend Steve Soboroff. Soboroff came in third in the nonpartisan race, and Hahn and former California State Assembly Speaker Antonio Villaraigosa advanced to the runoff. In the runoff election, Hahn defeated Villaraigosa, whom Riordan endorsed for the second round of balloting. Villaraigosa would go on to beat Hahn in a 2005 rematch for Mayor.
In 2002, Riordan, a moderate Republican, decided to seek the governorship. He was opposed in the Republican primary election by conservative businessman Bill Simon and former California Secretary of StateBill Jones. Although he led early in the race by over 30%, he eventually lost to Simon by 18%. Riordan was hampered by a conservative Republican party base that rejected his appeal to move the party toward the center. Governor Gray Davis' campaign spent millions of dollars running attack ads against Riordan, essentially helping the Simon campaign. Davis felt that he had a much better chance against the conservative Simon than the moderate Riordan and that the move was worth the risk. Riordan lost the primary, and Davis went on to defeat Simon 47%–42% in the general election.
''The Los Angeles Examiner''
In early 2003, Riordan began circulating a prototype of a weekly newspaper he intended to begin publishing that June. The Los Angeles Examiner was intended to be a locally focused, sophisticated, and politically-independent publication. It was never published. Riordan put the projecton hold when he was appointed as secretary for education.
Involvement in city politics since 2000
In the 2001 election for Mayor, Riordan endorsed his friend and advisor Steve Soboroff in the primary and Antonio Villaraigosa in the general election. In 2005, he backed former State Assembly Speaker Robert Hertzberg in the primary and Antonio Villaraigosa in the general election. In both races, he chose not to endorse James Hahn. Riordan has played a role in City Council elections, becoming a supporter of candidates Bill Rosendahl in 2005, Monica Rodriguez in 2007, and Adeena Bleich in 2009. Rosendahl won the election in the Eleventh District; Rodriguez lost to Seventh District Councilman Richard Alarcon and Bleich lost to Paul Koretz and David Vahedi who advanced to the runoff election. In 2013, Riordan endorsed mayoral candidate Wendy Greuel. Greuel was ultimately defeated by then-Councilmember Eric Garcetti.