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Federal panel votes Thursday on Trump's 250-foot arch as judge weighs halt On tape: Cait Conley declares victory in New York's 17th Congressional District: "We flipped New York-17" Democrats' Congress takeover could reshape your budget, from taxes to Social Security On tape: Deb Haaland declares victory in New Mexico governor's race, calling herself first Native American woman governor On tape: Josh Turek defeats Ashley Hinson in Iowa's US Senate race and declares "we have made history" Missouri voters reject combined abortion and trans care ban; other states split On tape: Gavin Newsom: Trump pocketed $636 million on his memecoin while 2 million buyers lost $4.3 billion Clean energy firms see a brighter path after Democrats win Congress Allies of Rep. Ro Khanna launch 'Run Ro' draft campaign for 2028 presidential bid Colorado voters reject Amendment 81, a measure to force police to notify ICE Federal panel votes Thursday on Trump's 250-foot arch as judge weighs halt On tape: Cait Conley declares victory in New York's 17th Congressional District: "We flipped New York-17" Democrats' Congress takeover could reshape your budget, from taxes to Social Security On tape: Deb Haaland declares victory in New Mexico governor's race, calling herself first Native American woman governor On tape: Josh Turek defeats Ashley Hinson in Iowa's US Senate race and declares "we have made history" Missouri voters reject combined abortion and trans care ban; other states split On tape: Gavin Newsom: Trump pocketed $636 million on his memecoin while 2 million buyers lost $4.3 billion Clean energy firms see a brighter path after Democrats win Congress Allies of Rep. Ro Khanna launch 'Run Ro' draft campaign for 2028 presidential bid Colorado voters reject Amendment 81, a measure to force police to notify ICE

Channel GOP · Speech · Thursday, November 5, 2026

Gavin Newsom: Trump pocketed $636 million on his memecoin while 2 million buyers lost $4.3 billion

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Now playing on All Clips Gavin Newsom: Trump pocketed $636 million on his memecoin while 2 million buyers lost $4.3 billion Gavin Newsom Watch on Instagram · Transcript & source

At a press conference on California midterm election security, Gavin Newsom lists what he calls the Trump family's windfalls. He says a half-billion-dollar check to World Liberty Financial came alongside NVIDIA chips the Biden administration had rejected on national security grounds. He also says the Trump sons' firm, 1789 Capital, has received $6.3 billion in federal contracts.

The receipt

Who
Gavin Newsom
Where
briefing - Newsom press conference on California midterm election security
Original footage
Project America | News · watch the full video from this moment
Length
53 seconds, unedited within the cut
Read the transcript

The Board of Peace is about getting a piece of the Middle East. What happened at World Liberty Financial, where the head of their security agency was able to write a half a billion dollar check and he got high valued computer chips from NVIDIA that the Biden administration rejected under national security grounds and went to his personal company, G42, look it up. And a big portion of that half a billion dollars went to the Trump family. 1 .4 billion dollars on crypto. 4 .3 billion was lost by two million souls that were lied to by the president. He's he pocketed personally on his own meme coin 636 million dollars. It's a disgrace. The Trump boys have started a firm called 1789 capital that has received 6 .3 billion dollars in federal contracts.

Machine transcript of the clip's audio; names are checked, small words may differ.

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