California - their governor...

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Of course he will never be prosecuted for this - from The Gateway Pundit:

Newsom Failed to Disclose His Personal Ties with Silicon Valley Bank as He Lobbied For Bailout
California Governor Gavin Newsom (D) failed to disclose he was a client of Silicon Valley Bank as he lobbied the White House and Treasury for a bailout.

“Over the last 48 hours, I have been in touch with the highest levels of leadership at the White House and Treasury. 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,” Gavin Newsom said in a statement on Saturday.

A day later Newsom cheered on the Biden Regime for bailing out SVB depositors with more than the $250,000 limit backed by the FDIC.

Follow the money:

Newsom has substantial ties to Silicon Valley Bank through his personal accounts, wineries (Plumpjack) and his wife Jennifer’s charities, according to a report by The Intercept.

Gavin Newsom “maintained personal accounts at SVB for years,” The Intercept reported.

And of course:

California law prohibits officials from influencing a government decision in which he or she has a financial interest, according to the Conflict of Interest Codes.

Nothing to see here folks, just keep moving along.  Nothing to see here...

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This page contains a single entry by DaveH published on March 14, 2023 6:38 PM.

Now this is encouraging - banks was the previous entry in this blog.

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