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I’m signing an executive order': Gavin Newsom makes his first president-worthy move, and it’s a direct slap in Donald Trump’s face

California Governor Gavin Newsom just signed an executive order that bans appointed state officials with insider information from betting on prediction markets. This order expands existing ethics rules to ensure state appointees can’t use nonpublic information to get rich, or help their family members get rich, through these kinds of bets. Newsom’s office first teased the announcement on X, jokingly asking popular prediction market platforms lik…

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We Got This Covered broke the news in on Saturday, March 28, 2026.
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