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California Update: Prop 50 Legalities, L.A. Fire Confusion . . . and Bad News for Billionaires?

Hoover Institution | Stanford University

After a lopsided victory earlier this month, can California’s redistricting Proposition 50 survive a legal challenge? And why do last January’s devastating fires in Los Angeles continue to raise unsettling questions?

Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s California on Your Mind web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the Golden State including former House Speaker Nancy Pelosi’s pending retirement, what the indictment of a former Newsom chief of staff says about Sacramento’s political culture, plus a tech-rich Northern California county’s search for more tax revenue – and, speaking of wealth, the politics and sensibility of a 5% wealth tax on California billionaires possibly headed for next year’s ballot.

Recorded on November 18, 2025.
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The opinions expressed on this channel are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.

© 2025 by the Board of Trustees of Leland Stanford Junior University.

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Hoover Institution

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

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