California Governor Gavin Newsom and Vice President Kamala Harris' Price-Control Proposal
California Governor Gavin Newsom avoids directly stating support for Vice President Kamala Harris' price-control proposal, citing lack of details. Newsom acknowledges pursuing price gouging in California related to oil companies and Big Pharma.
Key Points
- Newsom has been focusing on addressing price gouging in California.
- Harris' proposal aligns with some of Elizabeth Warren's initiatives.
- Newsom sees merit in the direction of Harris' economic plan.
Pros
- Possible crackdown on price-gouging by corporations.
- Potential benefits for consumers in terms of price controls.
Cons
- Lack of specific details on the proposal.
- Uncertainty about the effectiveness of the plan.