Report: Newsom held multiple accounts at Silicon Valley Bank while pushing for bailout
Headline from Washington Times
California Gov. Gavin Newsom pushed for the federal government to bail out Silicon Valley Bank, an institution with which he had business and personal accounts, according to an investigative report.
Washington Times's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
California governor Gavin Newsom (D.) reportedly helped persuade President Joe Biden to bail out Silicon Valley Bank and was one of the first politicians to praise the move. His assistance comes years after the failed bank began lobbying California's government and donating to Newsom's wife.
California Gov. Gavin Newsom pushed for the federal government to bail out Silicon Valley Bank, an institution with which he had business and personal accounts, according to an investigative report.
Democratic California Gov. Gavin Newsom didn't mention his ties to Silicon Valley Bank in his statement Monday praising the Biden administration for bailing it out.
