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Vermonters for a New Economy
Vermonters for a New Economy
Plan ‘V’: A Vermont Public Bank–Funding Our Future A 2018 documentary from Vermonters for a New Economy featuring public bank advocates Gwendolyn Hallsmith, Henry Jacqz and State Representative Valerie Fraser.
Rep. Howrylak: Time is now for Michigan to employ a state-run bank
by gophouse.org | 1/18/18 State Rep. Martin Howrylak, of Troy, today formally introduced a bipartisan package of bills that would create and maintain a state bank. The bank would be authorized to engage in limited banking activities, including the facilitation of loans to eligible groups, municipalities and those who qualify for business-related subsidies. “This is a […]
The Growing Movement To Create City-Run Public Banks
As activists pressure governments to remove their deposits from banks that back bad policies, cities are considering a new option: become their own financial institution that serves the needs of the citizens, not investors.
Public Bank Fans Want to Get Portland City Council on Board
In Portland, Oregon, a movement is slowly building to establish a public bank.
After debating divestment from companies whose practices might be harmful to people or the environment, the City Council voted in April to stop investing city money in all corporations. Portland is also one of numerous U.S. cities that decided to stop banking with Wells Fargo, after the bank’s fraudulent accounts scandal made headlines.
San Francisco advances toward launching a public bank
San Francisco could become the first city in the nation to launch a public bank.
Supervisors Malia Cohen and Sandra Fewer are advancing the idea of establishing a municipal bank, which would end The City’s use of profit-driven large national commercial banks for banking services.
Questions raised about Santa Fe public bank
By T. S. Last / Journal Staff Writer | The Albuquerque Journal | November 21, 2017 SANTA FE – One thing was clear from a public forum held by the city of Santa Fe’s Public Bank Task Force, formed to research and identify barriers to forming a public bank: It won’t be easy. On Monday, […]
Forum on public bank proposal set for Monday
By T. S. Last / Journal Staff Writer | The Albuquerque Journal | November 17, 2017 SANTA FE, N.M. — Already halfway through its six-month exercise to examine what next steps need to be taken to establish a public bank in Santa Fe and identify potential barriers, the Public Bank Task Force will hold a […]
Task force says city faces many hurdles to creating a public bank
By Tripp Stelnicki | The New Mexican | November 20, 2017 Whether there will someday be a Public Bank of Santa Fe was not decided Monday night, but concerned community members got an earful of the myriad regulatory and capitalization hurdles that must be resolved or further studied before such an initiative — or even […]
Phil Murphy wins in NJ! Public Banking on the ballot and wins!
BREAKING: Phil Murphy wins New Jersey’s governor’s race. But it’s not only a win for Murphy, it’s also a win for Public Banks. As John Nichols of The Nation put it today, “Public banking is on the ballot today—not as the sort of statewide referendum issue … but in the form of a candidate who knows a […]
California treasurer wants the state to study a public bank option for pot businesses
California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of several recommendations aimed at helping bring those businesses into the financial mainstream. The recommendations, the product of a year of meetings of a cannabis working group organized by Chiang’s office, suggest there may be ways for California […]
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Episode: Everyone deserves a public bank
“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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