With $1.3 million already in the bank for his reelection campaign, and two grand juries breathing down his administration's neck, Mayor Hahn on Thursday proposed sweeping new restrictions on political fundraising.

Update: The move is getting a cool reception in City Hall, the Times reports Saturday, noting in the lede that:

"Three weeks ago, amid calls for local campaign finance reform, Los Angeles Mayor James K. Hahn curtly assessed a proposal to ban fundraising by city commissioners. "I don't know what the argument for it is," the mayor said.