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Newsom Raid and Wealth Under Scrutiny | Oakland News

Newsom Raid and Wealth Under Scrutiny | Oakland News

Published 1 week, 1 day ago
Description

New court docs reveal a 2025 federal raid outside a Newsom presser was likely politically driven — contradicting Trump’s earlier denials. Meanwhile, his finances show $1.7M–$2M/year from blind-trust businesses, dwarfing his $200K governor’s salary. His wife’s company lost money, but their 2021 income spiked after selling a home for $6M. They donated $40K–$65K annually to charity and gave away business attire. Full 2025 returns are pending — and Newsom says the scrutiny is politically fueled.

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