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Take On Wall Street With Local Banking
Image by Nattanan Kanchanaprat from Pixabay By Ben Frogel, The American Conservative | April 7, 2021 Big banks are becoming increasingly politicized, and not in a direction that is favorable for conservatives. JP Morgan Chase led the fundraising charge for...
Big Banks Charged Billions in Overdraft Fees During the Worst Months of the Pandemic
Photo by Mike Mozart, Flickr (CC by 2.0) By Alexander Sammon, The American Prospect | April 22, 2021 Last week, the country’s largest banks announced their quarterly earnings, crushing estimates and expectations nearly across the board. It marked another surprisingly...
Beef up New Mexico’s food supply chain with local processing
Angus on the range of Angus Cimarron Ranch in northern New Mexico. Photo by Stephanie Cameron. By Sherry Robinson, Carlsbad Current Argus | April 20, 2021 A state public bank of New Mexico could help to address these gaps in local processing, keeping our money...
State and Local Public Bank Efforts Stalling Without More Federal Support
The capitol building of New Mexico, where a public banking bill recently died (Photo by jpellgen (@1179_jp) / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | April 20, 2021 Like many banking executives, Harold Dixon wasn’t sure at first about the idea of a state...
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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