• Newsom also kept personal accounts at the failed bank, a source told The Intercept.
• “Governor Newsom’s business and financial holdings are held and managed by a blind trust, as they have been since he was first elected governor in 2018,” a Newsom spokesman told The Intercept in an email.
• The Biden administration and FDIC’s decision to backstop all deposits at Silicon Valley Bank came after Newsom personally coordinated with the White House and other top officials.

Tagged: Politics