Gov. Gavin Newsom of California warned that President Donald Trump may withhold federal disaster aid during the ongoing wildfires in Los Angeles, citing past behaviors.
Newsom expressed concerns that Trump could use political leverage in disaster relief, stating he has previously withheld aid based on the political alignment of impacted states.
Former Trump official Mark Harvey revealed that aid was withheld from California until Trump realized the affected area was politically favorable for him, showcasing political motivations.
JPMorgan analysts predict that the current Los Angeles wildfires could result in over $20 billion in insured losses, emphasizing the economic severity compared to past disasters.
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