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How banking changed after the killing of George Floyd
George Floyd rally at the U.S. Capitol. Photo by Mobilus In Mobili, Flickr (CC BY-SA 2.0) By Kevin Wack, Polo Rocha, Laura Alix, Allissa Kline & Jon Prior, American Banker | May 25, 2021 One year ago today, Minneapolis Police officer Derek Chauvin was...
With the Child Tax Credit, the Unbanked Face Yet Another Trial in Getting Government Benefits
The Biden administration estimates that 80 percent of eligible households for the child tax credit will receive those funds directly in their bank account. (Image by Standsome from Pixabay) By Claire Williams, Morning Consult | May 26, 2021 A NM Public Bank...
How America Went From Mom-and-Pop Capitalism to Techno-Feudalism
Jeff Bezos is one of the biggest winners of this new techno-feudalist system. [Daniel Oberhaus / CC BY 2.0] By Ellen Brown, Scheerpost | May 18, 2021 The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy...
How to Start (and Run) a Bank That Puts People and Planet Over Profits
Photo by Brian Gratwicke, Flickr (CC BY 2.0) By Oscar Perry Abello, Next City | May 17, 2021 A small bank’s enduring legacy begins with the mission-driven question, “Where does your money spend the night?” You could chronicle the history of New Resource...
Postal Banking in the U.S.? It’s Not as Unlikely as It Sounds
Photo by Brian Lipiner, myrecorujournal.com By Editorial Board, Bloomberg | May 13, 2021 The right kind of arrangement would help the USPS as well as millions of unbanked Americans. Should U.S. post offices also be banks? Lately, a group of legislators...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy