In this Jan. 18, 2020, file photo Caitlyn Jenner speaks at the 4th Women's March in Los Angeles. Jenner has been an Olympic hero, a reality TV personality and a transgender rights activist. Jenner has been consulting privately with Republican advisers as she considers joining the field of candidates seeking to replace Democratic Gov. Gavin Newsom in a likely recall election later this year. (AP Photo/Damian Dovarganes, File)
By Michael R. Blood
Republican Caitlyn Jenner said Friday she will run for governor of California, injecting a jolt of celebrity into an emerging campaign that threatens to oust Democratic Gov. Gavin Newsom from office.
Jenner — an Olympic hero, reality TV personality and a transgender rights activist — said in statement posted on Twitter and on an accompanying website that she has filed initial paperwork to run for the post.
Democratic Gov. Gavin Newsom is facing a likely recall election this year, though election officials are still reviewing petition signatures required to qualify the recall for the ballot. Several other Republicans have also announced plans to run.
In a statement, Jenner called herself “a proven winner” and the only candidate “who can put an end to Gavin Newsom's disastrous time as governor.”
The 71-year-old celebrity activist described herself as “economically conservative, socially progressive” in a People magazine interview last year.
She immediately stands out in an emerging field that so far has failed to attract a nationally known contender. However, Jenner is untested as a candidate and little is known about her positions on critical issues facing the state, from the coronavirus pandemic to managing the economy.
Her run would come nearly two decades after the ascendancy of Arnold Schwarzenegger, another Republican who used his Hollywood fame as a springboard to California's highest office in a 2003 recall election.
If the recall qualifies for the ballot, as expected, voters would be asked two questions: first, whether Newsom should be removed from office. The second would be a list of replacement candidates to choose from, if more than 50% of voters support removing Newsom from office.
The effort largely has been fueled by criticism of Newsom’s handling of the pandemic.
Other Republicans who have announced their intention to run include former San Diego Mayor Kevin Faulconer, former U.S. Rep. Doug Ose and businessman John Cox, who lost to Newsom in the 2018 governor’s race.
Jenner made headlines in recent years with her ties to former President Donald Trump, who remains broadly unpopular in California outside his GOP base. Trump lost the heavily Democratic state to Joe Biden in November by over 5 million votes.
Jenner supported Trump in 2016 but later criticized his administration’s reversal of a directive on transgender access to public school bathrooms. She also criticized Trump after he said transgender people would not be allowed to serve in the U.S. military.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Gold Medal ski racer Bode Miller and John Emery, CEO of Alpine-X, discuss the need to make snowsports more affordable and how the new facility in Virginia aims to diversify the sport to urban areas.
Carlos Munoz, Head of Asset Manager Diversity, Equity & Inclusion Engagement at Morgan Stanley Wealth Management, discusses how 'The Equity Collective' is helping to diversify the financial services industry and what the initiative means for racial equity.