Investigation into Newsom's Finances

Josh, great to see you. So what made you look into Newsom's wife

in the first

place, and what did you find?

Well, there are just always a lot of questions

that seem to be swirling around the

Newsoms and their finances, have been for years.

And so I thought, you know, this is a man who clearly

is gonna be running for

president. This is worth looking at, you know, what their finances, uh, are,

what the, the shape of them are. And so when I had a look at Jennifer

Newsom's charity, I found that she was paying herself, since

2012, $3.7 million.

And this is a lot of money when you look at the amount

that the charity brings in.

It's sort of 1 to $1.7 million a year, and she's

paying up to a third of that to herself and her own company,

$300,000 a year. Now, that is... I, I did a,

a, um, a bit of data analysis looking at what

charities that size

usually pay their executives, and she was in the top

5% of all charities in the nation for pay.

So DOJ, of course, d- try- doesn't comment on the specifics of, of

this. We've really only heard from Gavin Newsom

claiming this investigation is

targeting them even though, as we mentioned, it started in 2022 in

his orbit.

D- do you think that the charity is the reason DOJ might be investigating

her?

There's a whole bunch of reasons, potentially.

Uh, there are a lot of questions around their

finances, so the charity could be one

of them. Now, it is legal, um, for a charity to pay whatever they want to

their

executives, but, you know, one of the issues they might be looking at

is who are

the donors to the charity that are financing that pay?

What kind of relationships do they have with the California government that Newsom

is in charge of? There's also, you know, if you look at his income, and

he's, um, released at least, uh, you know, partly to journalists in, in

closed-door viewing sessions his, um, tax

returns. And if you look at that, his income, it's about 1.2 to

1.4 million a year, and it just doesn't add up for all of his

expenses. He's got-

Hmm

... massive mortgages, $625,000 in mortgage payments,

um, he's got a- at least a million dollars in living

expenses, and the two

just don't add up. I would be interested in that if I were an

IRS investigator. One other thing to look at here is-

Mm

... uh, the way that his property transactions

are structured lead to, you know,

a, a lot of questions. Um, when he bought his-

Hmm

... $3.7 million Sacramento estate, it was done

through an LLC, but that LLC doesn't seem to have appeared on

his tax

returns. There's all kind of questions of why he

would do it that way, and

he hasn't answered those satisfactorily.

Yeah.

So if I'm IRS, I'm looking at that too thinking maybe there's an issue

here.

Yeah.

We've yet to see what the actual details are, of course.

Well, I'm sure we will learn more about this in

the future, but before I let you

go, uh, it's been announced that you're going to CBS. Congratulations.

Of course-

Thank you

... there's a lot of changes happening over at

CBS.

Scott Pelley was fired. Uh, what are you thinking, and why, why did you

decide to go to CBS given the changes?

Well, I mean, uh, it's a fantastic organization,

and I'm so thrilled to

be going there. I'm really excited. I start on Monday.

And, you know, I, I really admire, you know, TV journalists like yourself.

It's a hard job to do. I relish that challenge, and I think that there are

world-class journalists at that organization,

so I'm very excited to be a part of

it.

Well, we will certainly be watching your work,

and maybe we'll have you back to

talk about, uh, the Newsom family.

Josh Boswell, thank you very much for joining us

and sharing your investigation.

Good luck on Monday.

There's a lot more instances where Gavin Newsom is sending money

to his wife. If you take a look here, Gavin Newsom created an

office for his wife and then laundered $5 million from

taxpayers to the Office of the First Lady, which is his wife.

Now, if we go down here,

Jennifer Newsom funneled nearly $4 million to herself from her

nonprofit funded by Gavin Newsom's donors, and

here's the details of that.

She took 1.8 million in salary. She sent 2.1 million

more to her production company, funneled from the

nonprofit. This is very clearly money laundering.

And if we go down here, there's more to this.

Gavin Newsom caught taking bribes.

He even laundered a million dollars of this money to his wife's,

Jennifer Newsom's, NGO. And how he did that, what it was for,

was there was a casino.

They wanted to block a rival casino's project, so what they did

was they made two $500,000 payments, but they didn't pay

anyone directly. Instead, Gavin Newsom sent that

money to his wife's NGO, and here are the details.

The donations were behest payments explicitly requested by Gavin

Newsom to his wife, Jennifer Newsom's, California's NGO,

her charity. Both payments were laundered to that charity.

These people need to go to prison.