Twitter users highlighted donations made by SVB to a nonprofit run by his wife and suggested Newsom had questions to answer about his connection to the bank.
California Governor Gavin Newsom's potential ties to Silicon Valley Bank have been questioned after reports of donations the bank made to a nonprofit run by his wife.Open the Books, a group that audits government, drew attention to the links between SVB and Newsom in an article on Monday.'s potential ties to Silicon Valley Bank have raised questions following reports about donations the bank made to a nonprofit run by the governor's wife.
Renewed focus on those donations comes after SVB, a regional bank based in California's Silicon Valley tech corridor,Open the Books, a group that describes itself as holding government accountable by using"forensic auditing and open records," drew attention to the links between SVB and Newsom in an article posted to Substack on Monday.
According to FPPC,"an elected official who fundraises or otherwise solicits payments from one individual or organization to be given to another individual or organization may be required to report the payment."
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