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Congressman Ro Khanna led efforts to ensure depositors of Silicon Valley Bank could withdraw their funds following the largest collapse of a U.S. financial institution since the 2008 mortgage meltdown. The Federal Deposit Insurance Corporation (FDIC) took control of Silicon Valley Bank last week after uncertainty about its solvency led to a run on the bank,...
San Jose mayor blasts ‘weak’ government response to Silicon Valley Bank collapse
In the aftermath of the collapse of Silicon Valley Bank, San Jose Mayor Matt Mahan is blasting the federal government’s approach to the crisis — calling it “weak” and “half-hearted.” U.S. Treasury Secretary Janet Yellen said during a Sunday morning broadcast of Face the Nation that the government could not commit to guaranteeing the deposits...
Full transcript: San Jose Mayor Matt Mahan’s inauguration speech
Editor’s Note: This is a transcript of San Jose Mayor Matt Mahan’s full inauguration address. Good evening everyone and thank you so much for being here tonight! ¡Buenas noches a todos y muchas gracias por estar aquí esta noche! Me siento honrado de tenerlos aquí! Kin-Chow Twan Tay Qwee Vee. Cahm Uhn Qwee Vee C-oh...
Full transcript: Santa Clara County Supervisor Susan Ellenberg’s 2023 State of the County
Editor’s Note: This is a transcript of Santa Clara County Supervisor Susan Ellenberg’s full 2023 State of the County address. Thank you. Thank you to everyone here tonight, filling the chambers, the breezeway outside and even the adjacent auditorium. I’m feeling the love! Thank you to everyone watching remotely. Thank you to all the elected...
Here are the 11 finalists for two San Jose council seats
A list of nearly 40 people competing to fill two San Jose City Council seats is down to just 11. The top contenders were named late Friday after current councilmembers voted for their top choices. The two seats are open in Districts 8 and 10 after two former councilmembers won their bids for higher office...
Meet the candidates for Los Gatos Town Council
There’s a lot at stake in Los Gatos this election season. The West Valley town is facing contentious plans for growth, meeting its housing production goals and scrambling to become more affordable. It’s become ground zero for political fights over growth, with one group taking to the ballot to suspend aspects of the town’s general...
Full transcript: San Jose Mayor Sam Liccardo’s 2022 State of the City
Editor’s Note: This is a transcript of Mayor Sam Liccardo’s full 2022 State of the City address. Friends, good evening. In my tenure, I’ve had the blessing of serving a wonderful community, beside an incredible team of people. I’ve also been blessed by a wife who has been my confidante, honest critic, sage advisor, and sympathetic ear. Thank...
San Jose mayor’s race: Attack ad goes after NRA support
With three months left to Election Day, the San Jose mayor’s race is taking an ugly turn. The top two candidates, Santa Clara County Supervisor Cindy Chavez and San Jose Councilmember Matt Mahan, have taken jabs at each other all year. Chavez questioned the political newcomer’s stance on abortion and women’s rights. Mahan challenged the...
Silicon Valley labor leaders endorse some, snub others
Silicon Valley’s powerful labor lobby has unveiled its 2022 endorsements—and there are a few surprises and notable snubs. The South Bay Labor Council, which comprises more than 100 unions across the valley, announced a sole endorsement Tuesday for Santa Clara County Supervisor Cindy Chavez in the San Jose mayor’s race. The group didn’t back Councilmember...
San José Spotlight receives half-million grant from American Journalism Project
San José Spotlight has received a $500,000 grant from the American Journalism Project, the nation’s largest venture philanthropy dedicated to local news. The grant will allow the South Bay’s only nonprofit newsroom to hire a revenue development professional and audience growth specialist to expand its reach—both topically and geographically. The American Journalism Project (AJP) announced four new...