Particle.news
Download on the App Store

Newsom to Challenge Trump’s Economic Agenda at Davos on Jan. 22

The governor frames “democratic capitalism” as a counter to what he calls Trump’s cronyism.

Overview

  • He is slated to speak at the World Economic Forum in Davos on Thursday, January 22, one day after President Trump’s scheduled address on January 21.
  • Newsom says Trump’s program is “Trump First” and an “assault on the free market,” and he plans to defend California’s economic model.
  • His office says he will meet privately with foreign leaders and business executives and press CEOs and institutions he views as complicit with the administration.
  • Politico reports he intends to call Trump a “crony capitalist” and to criticize reported moves to assume federal stakes in five U.S. companies.
  • WEF chief executive Borge Brende says Trump is bringing the largest U.S. delegation ever to the gathering in Davos.