A new report revealed that California Gov. Gavin Newsom has several ties Silicon Valley Bank, which failed last week amid a bank run.
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.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
California Gov. Newsom’s unprincipled assault on WalgreensCalifornia Democratic Gov, Gavin Newsom recently announced the state will not do business with the Walgreens drugstore chain.
Consulte Mais informação »
Weinstein won’t be retried on LA rape, sex assault chargesJurors could not reach unanimous verdicts on a rape count and a sexual assault count involving Jennifer Siebel Newsom — a documentary filmmaker and the wife of California Gov. Gavin Newsom — and a …
Consulte Mais informação »
Silicon Valley Bank Collapse: Latest Failure on Gavin Newsom's WatchCalifornia Gov. Gavin Newsom (D) has yet to explain how the biggest bank failure since the 2008 financial crisis happened on his watch — with Silicon Valley Bank, a California bank, under California regulations.
Consulte Mais informação »
Report: Gavin Newsom Fails to Mention His Ties to Silicon Valley BankCalifornia Gov. Gavin Newsom (D) welcomed the federal government’s intervention Sunday to protect depositors at the failed Silicon Valley Bank (SVB) — but failed to mention that he has been its client.
Consulte Mais informação »
Newsom's California pushes billions in reparations payments as state faces budget deficit disasterCalifornia is considering giving billions to Black residents in reparations, raising questions about how a state already facing a massive budget deficit could afford it.
Consulte Mais informação »
California budget deficit could delay new child care fundingCalifornia Gov. Gavin Newsom has proposed delaying funding for 20,000 subsidized child care slots, which would help cover the state's $22.5 billion budget deficit this year.
Consulte Mais informação »