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Free banking in California? New bill tackles access and racial equity
Photo by Jerome Strauss, Flickr (CC BY-SA 2.0) By Margot Roosevelt, Los Angeles Times | April 6, 2021 Escalating overdraft charges. Minimum balances. High ATM, check-cashing and debit card fees. Banking can be expensive, especially for low-wage workers. A score...
Letter to the Editor: Taos County needs a public bank
Photo by Lochaven (CC BY-SA 2.0) Justin Friedman, Taos News | March 31, 2021 The legislation to create a New Mexico State Public Bank did not progress in this year’s legislative session. It received two committee hearings and died in the second one. The critical...
California Leaders Propose Nation’s First Public Banking Option
Photo by Eduardo Soares on Unsplash By Jana Kadah, Bay City News Service | March 31, 2021 California is presenting a different public banking model than New Mexico’s, which would not offer personal bank accounts Five California legislators are...
Public Banking Can Help Cleveland Reinvest In Itself
Photo by Jimmy Pigg, Flickr (CC BY-NC-ND 2.0) By Geeta Minocha, Cleveland Scene | April 1, 2021 Bob Hope, one of Cleveland’s greatest sons, once quipped, “A bank is a place that will lend you money if you can prove that you don’t need it.” In this one-liner is...
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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