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Californiaâs Governor Newsom Faces Recall Election: Why Investors Should Care
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Caitlyn Jennerâs announcement that sheâs going to run for governor of California has directed national attention to the upcoming recall election of incumbent governor, Gavin Newsom.
This segment of Whatâs Ahead focuses on why this race matters to investors.
Even before the pandemic, California was reeling economically from the kinds of economic and regulatory initiatives that the Biden administration is now pushing. Despite the vast riches of Silicon Valley, the Golden State has the highest poverty rate in the nation. California has pursued disastrous big government policies that have led to sky-high taxes, nosebleed housing prices, a failing school system and a state that needlessly flushes almost half of its annual rainfall into the ocean!
Caitlyn Jenner files paperwork to run for California governor as GOP candidate By Aaron Navarro, Adam Brewster, Ed O Keefe
Updated on: April 23, 2021 / 1:02 PM / CBS News
Former Olympic athlete and transgender reality TV star Caitlyn Jenner announced on Friday that she has filed the initial paperwork to run for governor of California as a Republican. Democratic Governor Gavin Newsom is likely to face a recall election later this year. For the past decade we have seen the glimmer of the Golden State reduced by one-party rule that places politics over progress and special interests over people, Jenner, 71, said in a statement. I am a proven winner and the only outsider who can put an end to Gavin Newsom s disastrous time as governor.
Caitlyn Jenner Considering Run For California Governor In Recall Effort
Caitlyn Jenner is considering a run in California s gubernatorial recall election and is set to meet with GOP political advisors next week on any potential next steps, a source confirmed to CBS News.
The former reality TV star and Olympian is getting guidance from Republican fundraiser Caroline Wren, CBS News has confirmed, and Politico and The New York Times reported Brad Parscale is also providing guidance. Politico reported on Thursday that they are set to be at the meeting with Jenner next week at her home in Malibu.
She has also been in contact with Dave Rexrode, executive director of the Republican Governors Association, a Republican source familiar with the talks told CBS News. The RGA does not endorse in primaries.