by Anthony Colombo | Apr 21, 2016 | National, News, Public Banking
Regional Fed banks should be public, says Yellen’s ex-advisor By Ann Saphir and Jonathan Spicer, Reuters | April 11, 2016 SAN FRANCISCO/RUSTON, La. (Reuters) – A former top Federal Reserve policy advisor called Monday for the Fed’s 12...
by Anthony Colombo | Apr 12, 2016 | New LTE
The city of Santa Fe has to deposit public funds in a chartered bank somewhere, so why not establish our own public bank for Santa Fe? That way the taxes, fees, licenses and fines we all pay can benefit our community rather than private shareholders who live someplace...
by Anthony Colombo | Mar 15, 2016 | New LTE
I was listening to state officials discuss cutting services when one constituent asked about creating “new” revenues. I thought about how smart the city of Santa Fe is in its quest to create a public bank. Over the past five years, Santa Fe has spent more than $7...
by Anthony Colombo | Mar 10, 2016 | New LTE
Kudos to the forward-thinking city of Santa Fe and consultant Katie Updike for the excellent public banking feasibility study. Kudos, too, for Banking On New Mexico and the Brass Tacks’ five-year model. Both studies may be found at bankingonnewmexico.org. Thousands of...
by Anthony Colombo | Feb 22, 2016 | New LTE
I have read both the Santa Fe Public Banking Feasibility Study Final Report and the Banking on New Mexico’s Five-Year Model report. Both studies show that a public bank will significantly reduce debt while keeping our taxpayers’ money in Santa Fe, not invested out of...