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Mayor, council reluctantly keep Wells Fargo as city’s bank
By Tripp Stelnicki|The New Mexican|August 31, 2017 City councilors on Wednesday approved a four-year contract extension with Wells Fargo as the city’s fiscal agent. Councilors, both for and against the measure, expressed trepidation over the extension through 2021,...In Texas, drowning in debt
By Mike Krauss | Intelligencer Watching the broadcast media reporting on the catastrophe in Texas, I heard the team on Fox News wonder aloud what the evacuees would do and where to turn to find shelter and safety? Many left their homes with little more than the...Goliath, not a David, likely wins Santa Fe banking contest
By Mark Oswald | Albuquerque Journal North SANTA FE, N.M. — The Santa Fe City Council, as a customer looking for the best deal, is now faced with something similar to the rancorous debate that took place when a new Super Walmart opened about a decade ago. Santa Feans,...Housing, battling racism and a municipal bank top agenda for L.A. council president
Los Angeles should explore whether to create a municipal bank that would finance affordable housing and throw its doors open to the cannabis industry, City CouncilPresident Herb Wesson said Tuesday. Wesson tossed out the idea as part of a sweeping speech that set out...
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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