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Cash Withdrawal
Come the fall, the city government could sever ties with a bank that’s helping to fund the Dakota Access Pipeline. Santa Fe in 2013 approved a four-year contract with Wells Fargo, agreeing to pay the bank about $449,000 over the period for fiscal agent services. But...The homegrown promise of a Seattle public bank
PUBLIC banks have an excellent track record in helping states and cities finance infrastructure, among other public services. In his Jan. 1 guest column, Michael Waite overlooks this fact, failing to mention that North Dakota has used a state-owned bank for nearly 100...Public Banks Can Help Cities Honor Their Commitment to Give Sanctuary to Immigrants
Photo: The First Bank of the United States in Philadelphia. (Teemu008 / CC BY-SA 2.0) Mayor Javier Gonzales of Santa Fe, N.M., was defiant when he spoke with National Public Radio’s Kelly McEversin November. Donald Trump had just won the election after running...North Dakota’s Public Bank Was Built for the People—Now It’s Financing Police at Standing Rock
Photo by Adam Johansson In 1918 in Bismarck, North Dakota, populist socialism won big: The Nonpartisan League, a political party founded by poor farmers and former labor organizers, captured both houses of the North Dakota Legislature. Farmers had been badly hurt by...What’s all the fuss about a public bank in Santa Fe?
It was the windswept dust bowl in one of the most rural states in the country that forged America’s one and only public bank. The North Dakota public bank was launched in 1919 after farmers and ranchers, burdened with credit and harsh weather, saw land repossessed by...
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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