California Gov. Gavin Newsom (D) has been thwarted by the Democrat-dominated state legislature in his effort to punish oil and gas companies for alleged fuel price gouging, and will now turn to executive actions instead.
Newsom tried blaming oil and gas companies for the high price of fuel, calling the legislature into a special session to pass laws to punish the industry. But he had tohis proposal as a “penalty” rather than a “tax” to avoid a rule in the California state constitution requiring tax hikes to pass by a two-thirds majority.
Now, following the example first set by President Barack Obama on immigration policy and gun control, Newsom is abandoning the legislature, and intends to take executive action to limit oil and gas industry profits.California Gov.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Newsom has deeper ties to SVB than he let on, report saysA new report revealed that California Gov. Gavin Newsom has several ties Silicon Valley Bank, which failed last week amid a bank run.
Read more »
Gov. Gavin Newsom’s shady ties to failed Silicon Valley BankGov. Newsom asked Silicon Valley Bank to donate to the nonprofit California Partners Fund founded by his wife, Jennifer Siebel Newsom.
Read more »
California Gov. Newsom’s unprincipled assault on WalgreensCalifornia Democratic Gov, Gavin Newsom recently announced the state will not do business with the Walgreens drugstore chain.
Read more »
LA, Long Beach sign pledge supporting equal pay for womenCalifornia First Partner Jennifer Siebel Newsom launched the California Equal Pay Pledge in 2019.
Read more »
Weinstein won’t be retried on LA rape, sex assault chargesJurors could not reach unanimous verdicts on a rape count and a sexual assault count involving Jennifer Siebel Newsom — a documentary filmmaker and the wife of California Gov. Gavin Newsom — and a …
Read more »