CULTURE OF CORRUPTION: After Years of Lobbying and Donations, Gavin Newsom Stepped In To Sell Biden on Silicon Valley Bank Bailout. “Newsom helped convince Biden during a Saturday meeting that a bailout was necessary, Politico reported Monday. In 2021, the California bank quietly gave $100,000 to Jennifer Siebel Newsom’s California Partners Project as it was gearing up to lobby the state’s university, pension, and teachers’ retirement systems. The gift was the bank’s largest contribution to any California entity that year.”