Questions surrounding the finances of California Gov. Gavin Newsom and his wife, Jennifer Newsom, continue to draw attention as federal investigators reportedly examine matters connected to the governor’s financial affairs.
During an interview, Katie Pavlich spoke with journalist Josh Boswell about his investigation into Jennifer Newsom’s charity and the financial questions that led him to examine the organization more closely.
“What made you look into Newsom’s wife in the first place, and what did you find?” Pavlich asked.
Boswell said longstanding questions surrounding the Newsoms’ finances prompted his review.
“Well, there are just always a lot of questions that seem to be swirling around the nuisance, and their finances have been for years, and so I thought, you know, this is a man who clearly is going to be running for president. This is worth looking at, you know, what their finances are, what the shape of them are,” Boswell said.
According to Boswell, his review of Jennifer Newsom’s charitable organization revealed compensation levels that stood out compared with similar nonprofits.
“And so when I had a look at Jennifer Newsom’s charity, I found that she was paying herself since 2012 $3.7 million and this is a lot of money when you look at the amount that the charity brings in, it’s sort of one to 1.7 million a year, and she’s paying up to a third of that to herself and her own company $300,000 a year,” Boswell said.
Boswell said he compared the compensation figures to other charities of similar size and found the payments ranked unusually high.