Newsom's Wildfire Bill Falls Short | San Diego News

Governor Newsom pushed a bold plan to shift wildfire liability from victims to utility companies, aiming to stop insurers and hedge funds from profiting while helping survivors—only to see lawmakers gut the proposal as too ambitious. Faced with fierce lobbying from powerful financial interests and public outcry from wildfire victims, Newsom settled for a narrower bill, hinting at future action—and possibly a presidential run. With utilities’ stock prices tumbling and the core issue unresolved, California’s wildfire funding crisis remains dangerously unaddressed. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/06095e279b02ab49