The news that Newsom has had personal accounts at the bank was revealed by a former staffer who spoke to The Intercept on the condition of anonymity.
without a mention of his personal ties. Newsom's statement says the Biden administration"acted swiftly and decisively to protect the American economy and strengthen public confidence in our banking system." Newsom also said that he's been discussing action on Silicon Valley Bank with the White House.
"Over the last 48 hours, I have been in touch with the highest levels of leadership at the White House and Treasury," he said Saturday."Everyone is working with FDIC to stabilize the situation as quickly as possible, to protect jobs, people’s livelihoods, and the entire innovation ecosystem that has served as a tent pole for our economy.”
A corrupt politician, for himself, not the people
what about NASTY peeee? fiendstien & shifty?
I’m sure his million$ are safe.
SFGate needs to stop irresponsible reporting. Just because someone banked with SVB does not mean they are responsible for the crash. There are many intelligent articles out there discussing contributory factors. Unfortunately SFG is not in that category.
Now do the Thiel, Musk crew.
What happened? You guys are actually reporting the news now instead of running cover for your political friends. Surprised as hell to actually see you report this🤷♂️
Supposedly his wife is the one tied with the bank. Only goes to show whatever is associated with this goobernor is set for failure. Look at SF
Huh.... No surprise! votesmarter 💯🙏🇺🇸
Wow, actual journalism. I’m shook. Thank you!
DavidHo71155831 The wealthy investors will be bailed out by Biden
Is this article really in The SFGATE?
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