Bloomberg Talks

California Governor Gavin Newsom (D) Talks Donald Trump, ICE

Jan 29, 2026
Gavin Newsom, California governor and progressive policymaker, discusses federal overreach and democracy under Trump. He reacts to federalized responses to protests. He highlights California’s record on economy, housing, energy and AI. He addresses investigations, immigration policy debates, relations with national leaders, and future political plans.
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INSIGHT

California Built A Strong Fraud-Prevention Record

  • California has built substantial fraud controls and clawbacks for unemployment benefits and EBT, claiming major recoveries.
  • Newsom frames federal fraud enforcement as politicized and says California's measures stopped large-scale abuse.
ADVICE

Fix Housing By Enforcing Supply And Permits

  • Do pursue supply-side housing reforms and hold local jurisdictions accountable to increase housing delivery.
  • Newsom highlights the housing accountability unit and permitting reforms as tools to address California's supply-demand imbalance.
INSIGHT

Affordability Requires Broader Social Programs

  • Newsom links major social programs to affordability, citing universal preschool and expanded childcare to cut family costs.
  • He argues targeted state programs, rebates, and tax credits address cost pressures beyond just wages.
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