Here is the link: https://openthebooks.substack.com/p/the-silicon-valley-bank-coverup-and

"...California Governor Gavin Newsom, through a nonprofit organization his wife, Jennifer Siebel Newsom founded, the California Partners Project, has very close ties to the bank.

In 2021, SVB gave $100,000 in corporate gifts to the Newsom nonprofit. These gifts are so intertwined with the Newsom’s that they are listed as a matter of California ethics law on a state government website, California Fair Political Practices Commission.

All nonprofit donors are listed on the state website if they are “behested” gifts. The term “behested” means “at the request, suggestion, or solicitation of, or made in cooperation, consultation, coordination or concert with the public official.”

In this case, it’s the governor who behested the Silicon Valley Bank $100,000 gift. It’s the governor who requested, suggested, solicitated or cooperated, coordinated or acted in concert to procure the gift. However, the mandatory-state-disclosed conflict-of-interest listing also names his wife, Jennifer Siebel Newsom. That’s because, Mrs. Newsom is also a public official, the first ever “First Partner.”

Siebel Newsom’s public duties including running the Office of First Partner which was created by the governor shortly after inauguration. Since 2019, the governor allocated nine staffers and nearly $5 million in taxpayer funds for his wife’s office.

However, that’s only part of the story.

Silicon Valley Bank and its executives played a major role in the Newsom nonprofit, the California Partners Project, since its founding. The President of Silicon Valley Capital – the investment banking arm of the bank – is John China. Mr. China is a 27-year SVB veteran. He’s also a founding board member of the Newsom nonprofit. Even today, China is still listed as a director on the nonprofit’s website...

...California Partners Project (CPP) was founded in 2020 in part to support California’s gender quota law for corporate boards, a goal which SVB supported through a $100,000 gift...

Summary:

"The California Partners Project was founded to push Jennifer Siebel Newsom’s “First Partner” public policy agenda. As a founding member, the Silicon Valley Bank played a major role. Their executive, John China was on the founding board and the bank gave a $100,000 gift...

...In the absence of federal or state regulatory action, The California Partners Project should return their $100,000 gift to the bank, its startup entrepreneurs, and its depositors.