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It’s expensive to be poor. Publicly owned banks may help
Photo by Eduardo Soares on Unsplash By Geeta Minocha and Ricardo Williams, Orlando Sentinel | March 12, 2021 A Public Bank for New Mexico would not offer bank accounts to the public, but could offer NM the other benefits mentioned in this article There’s...
COVID-19 illustrates why Canada needs more — and better — public banks
Image by ptra from Pixabay By David McDonald and Thomas Marois, The Conversation | February 16, 2021 Most Canadians could be forgiven for not knowing what a public bank is. We do have some — the Alberta Treasury Branch, the Business Development Bank, the Export...
San Francisco draws closer to a public bank with widely supported reinvestment ordinance
Illustration: Chiara Di Martino By Ian Firstenberg, El Tecolote | March 11, 2021 The new ordinance seeks to establish the preliminary infrastructure for a future public bank. As businesses and workers around San Francisco struggle to keep up with the...
Penn alumni lead public banking movement to address racial disparities, take on Wall Street
Image by Clker-Free-Vector-Images and OpenClipart-Vectors from Pixabay By Victor Swezey, The Daily Philadelphian | March 5, 2021 Penn alumni are spearheading a movement to establish America’s only municipal public bank in Philadelphia, which its supporters...
Bring our money home. Philly needs a public bank.
City Councilman Derek Green via phlcouncil.com By Vanessa Lowe and Stanley Shapiro, Philadelphia Inquirer | March 2, 2021 Solutions to the looming $450 million hole in the city budget have been narrowly focused on tax increases and cuts to essential services,...
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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