U.S. Treasury – California Globe

Secretary Bessent Slams Governor Newsom as ‘Patrick Bateman Meets Sparkle Beach Ken’ in Davos Smackdown

January 21, 2026 5:32 pmJanuary 22, 2026 11:56 am

In Davos at the 2026 World Economic Forum, U.S. Treasury Secretary Scott Bessent took direct aim at California Governor Gavin Newsom, mocking his economic leadership and labeling him “Patrick Bateman meets Sparkle Beach Ken” – a reference to the superficial,...

Gov. Newsom Announces CA Small Businesses To Receive $1.1 Billion in Federal Funding

September 21, 2022 4:30 pm

Governor Gavin Newsom announced Wednesday that California small businesses are to receive $1.1 billion from the United States Treasury’s State Small Business Credit Initiative (SSBCI), with the hope than an additional $18 billion can be obtained soon. According to the Governor’s...

CA Auditor Report: State Distributed Double CARES Act Funding To Larger Counties

January 21, 2021 3:25 pmJanuary 21, 2021 3:25 pm

The California State Auditor Elaine Howle just released a report exposing that the state distributed $9.5 billion in federal coronavirus relief funds with smaller counties receiving barely half of the funding per person than larger counties. “In August 2020, we...