Newsom Vows to Take 100 Percent of Trump’s ‘Slush Fund’ Money From Californians

The governor claimed he could tax all proceeds of the funds from anyone living in California.

California Gov. Gavin Newsom speaks to reporters in Stockton, Calif., on Oct. 22, 2025. Justin Sullivan/Getty Images

California Gov. Gavin Newsom vowed on May 27 to confiscate through a 100 percent tax all payouts to state residents from President Donald Trump’s anti-weaponization settlement fund.

“Anyone from California that receives any of those funds, we want to tax 100 percent,” Newsom said during a press conference, calling the settlement a “slush fund.”