Schumer giving donations received from Silicon Valley Bank, CEO to charity ...Middle East

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Schumer giving donations received from Silicon Valley Bank, CEO to charity
Senate Majority Leader Chuck Schumer (D-N.Y.) will be gifting donations received from former Silicon Valley Bank CEO and the institution's PAC to charities, just days after federal regulators shut down the bank. A source who knew of the matter told CNBC that Schumer would be giving donations received from former Silicon Bank Valley CEO Greg Becker and the bank’s PAC to charity. A spokesperson for Schumer confirmed the CNBC report to The Hill on Tuesday. Becker had donated $5,800 to Schumer's campaign in June 2021, according to the Federal Election Commission. During the 2016 election cycle, the bank's PAC donated $2,700 to Schumer, according to Open Secrets, a nonprofit organization

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