Newsom Taunts Trump in Davos, Claims ‘Rent-Free’ Space in President’s Mind
During a recent gathering of global business leaders in Davos, California Governor Gavin Newsom found himself at the center of attention as former President Donald Trump addressed the audience. Trump referred to Newsom as “a good guy” while discussing crime rates in California and suggesting he could deploy National Guard troops to assist with law enforcement. Newsom was visibly amused, shaking his head as Trump criticized cities with sanctuary immigration policies.
U.S. Treasury Secretary Scott Bessent later criticized Newsom, stating he was “hobnobbing with the global elite” while many in California faced homelessness. Bessent, speaking at USA House during the 56th World Economic Forum, described Newsom as “too smug” and “economically illiterate.” His comments highlighted the ongoing criticisms directed at Newsom’s governance amid rising issues in California.
Newsom’s Response and Political Strategy
In response to Trump’s speech and Bessent’s claims, Newsom discussed his evolution into a prominent critic of Trump. He emphasized a strategy of engaging online through memes and sharp critiques, which he believes has resonated with the Democratic base. “I don’t think any of you would have been here this morning had I done that,” he remarked, referring to his previous, less combative approach.
Despite facing criticism regarding California’s direction, Newsom expressed pride in the state’s accomplishments. He highlighted, “We have more Fortune 500 companies than any state in America, more scientists, more engineers, more Nobel laureates.” These statements were made in the context of a broader conversation about governance effectiveness in California.
Tax Proposal Controversy
Newsom also addressed a proposed tax on billionaires, suggesting it would negatively impact education funding. The proposed initiative, a one-time 5% tax on non-real estate assets, is backed by a healthcare union to fund safety-net programs after federal budget cuts. Newsom pointed out that many high-income residents are already leaving California due to rising taxes, arguing that the initiative’s focus on healthcare could detract from educational support.
- Date of the World Economic Forum: January 20, 2026
- Location: Davos, Switzerland
- Proposed Tax: 5% one-time tax on assets excluding real estate
- Response from Business Executives: Criticism for failing to oppose Trump
Overall, Newsom’s appearance at the World Economic Forum highlighted the ongoing political battle surrounding governance in California, as he both defended his administration’s achievements and critiqued the opposition. The interplay between local and national politics continues to shape the narrative around California’s future.
