Congress Created Virus Aid, Then Reaped the Benefits, Data Finds
Companies Tied to California Officials Get US Virus Loans
Businesses tied to California Gov. Gavin Newsom, Lt. Gov. Eleni Kounalakis and two of the state’s legislative leaders were among those that received federal loans aimed at keeping small businesses afloat during the coronavirus pandemic, records released Monday showed.
A Northern California winery and hospitality company, PlumpJack, founded and partly owned by Newsom, received a loan worth $150,000 to $350,000 from the Paycheck Protection Program, according to data released by the U.S. Treasury Department.
Before taking office as CA. governor in 2019, Newsom announced he would step away from his businesses and put his assets in a blind trust managed by a family friend and attorney.
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