by Anthony Colombo | Aug 5, 2016 | New LTE
Recently, there has been much ado about cash management operations replacing the need for a public bank. It appears that the city is implementing an excellent cash management system and other improvements in city financial management. Cash management is what families...
by Anthony Colombo | Aug 4, 2016 | Local Economies, Monetary Policy, National, News, Print Media
He met with Twin Cities activists on Wednesday. Community organizer Wintana Melekin was grabbing a soda in late June at a coffee shop near her office when she heard Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, had just been in. Seeing her...
by Anthony Colombo | Aug 1, 2016 | National, News, Public Bank, Public Banking
Maine should have a state-owned bank; it’s working well enough for North Dakota. APPLETON — If you’ve ever written a check to the Maine State Treasurer’s Office, you may be surprised to learn that it was deposited in a privately owned bank. In the state treasurer’s...
by Anthony Colombo | Jul 23, 2016 | New LTE
In a recent My View in The New Mexican, retired senior bank loan officer Jim Lodes (“A public bank for Santa Fe? It’s too expensive,” June 12) suggested we don’t really need a public bank in Santa Fe. Here are the reasons why a public bank is a fiscally responsible...
by Anthony Colombo | Jul 18, 2016 | New LTE
In a recent op-ed column, Jim Lodes (“A public bank for Santa Fe? Too expensive,” My View, June 11), warned against creating a Santa Fe public bank and said, in part: “Over the last few decades, not one city, county or state has analyzed this and decided to start a...