California Democratic Gov. Gavin Newsom receives almost three million dollars in Paycheck Protection Program loans for multiple companies he partially owns. The properties include wineries, bars, restaurants, and a boutique hotel.
Gov. Newsom put his ownership interests in the organizations into a blind trust in 2018, meaning he would have no involvement in its business decisions while governor. However, his sister still serves as the president of the group.
California small business across the state were forced to close and either didn’t qualify for the loans or struggled to get them.