Caruso bows out of Los Angeles mayor race, ending his bid

TL;DR Summary
Billionaire developer Rick Caruso confirms he will not run for Los Angeles mayor, finalizing an earlier decision amid Palisades fire controversy, and leaving incumbent Karen Bass to face other potential challengers as the filing deadline approaches.
- Rick Caruso confirms he will not run for L.A. mayor latimes.com
- Bass directed watering down of Palisades fire after-action report, sources say latimes.com
- Rick Caruso is not running for mayor of Los Angeles ABC7 Los Angeles
- Mayor Bass facing blowback over explosive report that she altered wildfire report to downplay city's role foxnews.com
- Rick Caruso reconsidering run for mayor after L.A. Times investigation into Bass KTLA
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