by Michelle Mosser | May 4, 2020 | News, COVID-19, Economics, Public Bank, Public Banking
The Fed’s relaxed liquidity rules have made it easier for state and local governments to set up their own publicly-owned banks. (Photo: Phillipp/cc/flickr) By Ellen Brown, Common Dreams | May 3, 2020 New terms could be harnessed for local governments to own...
by Michelle Mosser | May 4, 2020 | News, COVID-19, Economics, Environment, Public Bank, Public Banking
Photo: Oakland bank vault (Courtesy Wikipedia) By Rick Girling, Post News Group | April 30, 2020 The response to COVID-19 has laid bare, once again, the glaring economic inequalities we live with every day. An essential new institution is public banking — new...
by Michelle Mosser | May 4, 2020 | News, COVID-19, Economics, Public Bank, Public Banking, Small Business
Photo: Sixth Street, Austin, Texas. (Photo courtesy Institute for Local Self-Reliance) By Stacy Mitchell, Institute for Local Self-Reliance | April 29, 2020 A significantly larger number of federal relief loans are reaching small businesses in states where...
by Michelle Mosser | May 4, 2020 | News, COVID-19, Economics, Public Bank, Public Banking
Photo: Downtown Baltimore, Maryland. (Photo by Ken Lund, Flickr) By Michael Brennan, The Washington Post | April 29, 2020 Michael Brennan is chair of the Public Banks Project of the Democracy Policy Network and is part of an interstate coalition of policy...
by Michelle Mosser | Apr 30, 2020 | News, Bank of North Dakota, COVID-19, Economics, National, Public Bank, Public Banking
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
by Michelle Mosser | Apr 30, 2020 | News, Commercial Banking, COVID-19, Economics, National
Image by Credit Commerce from Pixabay By Nizan Geslevich Packin, Forbes | Apr 25, 2020 In the current environment of medical and economic uncertainty, we all find ourselves desperately seeking safety and stability. In such times of uncertainty, cash is...