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Will 2021 Be Public Banking’s Watershed Moment?
Image by joshua twentythree / CC BY 2.0 By Ellen Brown, ScheerPost | March 3, 2021 Just over two months into the new year, 2021 has already seen a flurry of public banking activity. Sixteen new bills to form publicly-owned banks or facilitate their formation...
Bank of North Dakota Releases COVID-19 Relief Numbers
Photo courtesy Bank of North Dakota By AM1100 The Flag | December 12, 2020 Bank of North Dakota (BND) released its final COVID-relief program numbers and amounts for the four programs it administered to stimulate economic recovery. The Bank utilized its network...
Bank of North Dakota’s S&P credit ratings affirmed
Bank of North Dakota President Eric Hardmeyer. Photo by Tom Stromme, Bismarck Tribune By Bank of North Dakota | November 24, 2020 Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as “A+” and “A-1” for long-term and short-term...
How The US Could Achieve 100% Financial Inclusion Through Local Public Banking
Photo by Jack Cohen on Unsplash By Nik MIlanovic, Forbes | November 3, 2020 The public banking model proposed in this article is not the same as the one proposed for NM, which is one that supports local revenues staying in the community for local benefits....
Rashida Tlaib and AOC have a proposal for a fairer, greener financial system — public banking
Photo by Greg Nash By Emily Stewart, Vox | October 30, 2020 A public option, but for banking. That’s what Reps. Rashida Tlaib and Alexandria Ocasio-Cortez are proposing in a new bill unveiled on Friday. The Public Banking Act, first shared with Vox, wouldn’t...
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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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