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Newsom Blocked on Push to Shield Utilities From Fire Liabilities

Bloomberg
Bloomberg
by Andrew Oxford and Michelle Ma
Aug 28, 2026 · 11:54 PM
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Newsom Blocked on Push to Shield Utilities From Fire Liabilities
California Governor Gavin Newsom’s push to shield publicly traded utilities from some wildfire liabilities has been blocked by state lawmakers, according to people familiar with the negotiations.
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