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Maine Voices: State at a disadvantage by banking on private, out-of-state institutions.
Maine should have a state-owned bank; it’s working well enough for North Dakota. APPLETON — If you’ve ever written a check to the Maine State Treasurer’s Office, you may be surprised to learn that it was deposited in a privately owned bank. In the state treasurer’s...Kashkari Bucks Fed Norms Adding Emojis to Public Debate on Rates
Since the financial crisis, Federal Reserve officials have tried to communicate their policies to a wider constituency. With Neel Kashkari, the boundaries are being tested. “.@Six1FourCapital 4 me it’s a q of r we hitting dual mandate? Is there still labor slack? R we...Broad new fed rule could impact NM credit unions and small banks
Winona Nava, president and CEO of Santa Fe-based Guadalupe Credit Union, says that proposed Consumer Financial Protection Bureau rules should help protect against payday lenders who charge 300 to 500 percent annual interest rates for short-term loans, instead of less...Ten Questions (and Then Some) for Minneapolis Fed’s Neel Kashkari
Ten Questions (and Then Some) for Minneapolis Fed’s Neel Kashkari By John Heltman | May 19, 2016 | American Banker “I shut down my campaign account. If I had any intention of running for office again, there’d be a little nugget of cash that … I could...Scott Deshefy: Public banking can help solve budget crises
Scott Deshefy: Public banking can help solve budget crises By Scott Deshefy | The Bulletin 225 In 1935, as Mr. Micawber in “David Copperfield,” comedian and Dickens scholar W.C. Fields underscored financial struggle: “Annual income twenty pounds, annual expenditure...
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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
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