Angela Merkert, AFLEP Executive Director recaps the public banking movement in New Mexico, the 2021 launch of public bank legislation and unveils the comprehensive Public Bank Act bill slated for the 2022 Session. Host Paul Gibson asks why the Community Bank sector has emerged as a primary opposition to public banking when the statewide association of Credit Unions supports it. Angela speaks to the misinformation, highlighting the ways a public bank will expand community bank lending and target under-financed economic needs across the state.
Retake Our Democracy: Angela Merkert on the 2022 Public Bank Legislation
