U.S.WEIRD NEWS

Newsom and Schwarzenegger toast 20 years of cap-and-invest

The two California governors marked the twentieth anniversary of AB 32, the state's climate program, while the New York Post argues residents carry the cost; the cake was presumably free.

On air: Kenji Moonfield, Vera Bullock and Chip Darnell on Late Night BBN
Published 10:03 PM ET, Thursday, October 15, 2026

Photo: Charles Ommanney – Office of the Governor of California · Public domain · Wikimedia Commons · altered by BBN

▶ As it aired · U.S.

Watch it as it aired: Kenji Moonfield, Vera Bullock and Chip Darnell on this story, from Late Night BBN at 10:03 PM ET. Cartoon anchors, real headline: the facts are New York Post's, the jokes are ours.

Photo: Charles Ommanney – Office of the Governor of California · Public domain · Wikimedia Commons · altered by BBN

Photo: Gavin Newsom — Photo: Charles Ommanney – Office of the Governor of California · Public domain · Wikimedia Commons · altered by BBN

At a glance

First reported by New York Post: “Gavin Newsom and Arnold Schwarzenegger couldn’t have looked happier slapping backs — but it’s Californians who suffer”.
Covered on BBN on Thursday, October 15, 2026, at 10:03 PM ET on Late Night BBN, by Kenji Moonfield, Vera Bullock and Chip Darnell.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

New York PostGavin Newsom and Arnold Schwarzenegger couldn’t have looked happier slapping backs — but it’s Californians who suffer

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentGavin Newsom and Arnold Schwarzenegger spent the week slapping backs over twenty years of California's cap-and-trade program, which the New York Post notes is now called cap-and-invest.
Vera Bullock · Co-AnchorA rebrand! Twenty years old and it finally got a fresh start.
Chip Darnell · U.S. News AnchorThe Post says Californians are the ones paying for the party, so that's two governors and one very pricey cake.

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