Gavin Newsom claims he'll release tax returns amid DOJ probe
Key Points:
- California Governor Gavin Newsom has pledged to publicly release all his tax returns from his current term amid a federal investigation into his wife Jennifer Siebel Newsom’s finances and others close to him.
- Newsom had previously released tax returns from 2015 through his 2022 reelection campaign but stopped posting them after 2020, drawing criticism for a lack of transparency.
- The federal probe reportedly focuses on Siebel Newsom’s taxes and involves scrutiny of the family’s substantial wealth, including multiple high-value properties and a wine business empire.
- Newsom’s office emphasized the governor has “nothing to hide” and is preparing the remaining returns for public disclosure, contrasting their approach with former President Donald Trump’s refusal to release tax returns.
- The investigation is linked to allegations by California whistleblowers and has extended to Newsom’s former chief of staff and other staffers, with the governor suggesting the probe is politically motivated as he contemplates a 2028 presidential run.