In response to David Shulman’s recent letter suggesting that the city of Santa Fe is not ready to run a public bank (“Not ready,” Dec. 16), let me say that the city would not be running the bank.

At this time, there is much about the management, oversight, etc. of the proposed public banking model that would be determined by a recommended task force. However, it could be a truly democratic model, guided by people with banking, regulatory and legal expertise, with much input from the public. We hope people with expertise and commitment to our community will join our effort.

Ellen LefkowitzSanta Fe

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