California Governor Gavin Newsom recounts a nearly 20-minute phone call with President Donald Trump before Trump federalized the National Guard. In the call, Trump asked Newsom what he thought of the 'Newscum' nickname, and Newsom replied that a seventh-grade classmate had used the same insult. Newsom also describes Trump's operating style as daily 'shock and awe' and says nothing about it should be normalized. The conversation is entirely political and contains no market, asset, or investment discussion.