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Task force won’t back city-owned public bank for Santa Fe
By Tripp Stelnicki | The New Mexican | March 20, 2018 The city’s public bank task force will not recommend that the municipal government pursue a Public Bank of Santa Fe, according to a draft of the panel’s final report. Instead, after finding the establishment of a...Public banking gets a toehold in New Jersey
At the 2016 Princeton Community Democratic Organization annual picnic, a pair of activists approached Phil Murphy with an unconventional idea: A public bank for New Jersey. Murphy, a longtime banker with Goldman Sachs, heard the activists out. Then, when he announced...In Massachusetts, a call for a public bank to serve pot firms
by LAURA ALIX | americanbanker.com | 2/22/18 With Massachusetts only months away from allowing the sale of pot for recreational use, the state’s top cannabis regulator is urging policymakers to consider creating a public bank to serve growers and dispensaries that...Big Banks Got Huge Tax Cuts, Then Hiked Cities’ Interest Rates
by MARTIN Z BRAUN and BENJAMIN BAIN | Bloomberg | 2/15/18 As U.S. banks were tallying up the billions of dollars in extra profits they’ll reap from the sweeping tax cuts signed into law by President Donald Trump, they were quietly delivering unwelcome news to local...Task Force assembled to lead San Francisco toward a public bank
by JOSHUA SABATINI | sfexaminer.com | 2/4/18 San Francisco has assembled a 16-member task force to study launching a public bank to fund affordable housing development, low-interest loans for low-income residents and cutting ties with the Wall Street banks that do not...
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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