California needs a big pot of money for wildfires. But how big? And who pays?

In a test of his ability to steer the state away from crisis, the governor convened a team this year to map out a solution. Newsom hired O’Melveny Myers, a Los Angeles law firm, and Guggenheim Securities, a New York financial services advisory firm, to help his top advisors, at a cost of $6 million over six months.

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