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Fed’s Kashkari to Jamie Dimon: It’s ‘nothing personal’ — big banks need to double their safety nets
Minneapolis Federal Reserve President Neel Kashkari told CNBC on Friday banks need “about twice as much” rainy-day capital to effectively address “too big to fail,” which put U.S. taxpayers on the hook to bail out Wall Street firms during the...Public Banking for Santa Fe: An Interfaith Forum
Elaine Sullivan of Banking on New Mexico speaks to a sanctuary full of Santa Feans at an interfaith forum on public banking, March 30, 2017. By HANNAH COLTON • KSFR.org | APR 4, 2017 We’re looking at the latest push for a public bank for the City of Santa Fe …...The People’s Bank
How did deep-red North Dakota end up with the nation’s most populist financial institution? When the financial crisis struck in 2008, nearly every state legislature was left contending with massive revenue shortfalls. Every state legislature, that is, except North...Donald Trump Wants to Gut Protections for Bank Customers. Here’s How to Fight Back.
Call it the “public option.” With Wall Street as greedy as it ever was, and the Trump administration seeking to ditch banking restrictions enacted in 2008 to protect the little people, a handful of cities are considering a do-it-yourself alternative:...
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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