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California State Treasurer to Retire in 2015

SACRAMENTO, Calif. (AP) — State Treasurer Bill Lockyer, a leading California Democrat for decades, has announced he will retire from elected office when his term expires in early 2015. Lockyer's announcement this week means that he won't run for controller next year. Instead, the 72-year-old politician says he's looking forward to "starting a new phase of my life." He says his decision was not influenced by his wife, Nadia Lockyer, who resigned as an Alameda County supervisor amid a series of public substance abuse and relationship struggles.

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