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Rashida Tlaib and AOC have a proposal for a fairer, greener financial system — public banking
Photo by Greg Nash By Emily Stewart, Vox | October 30, 2020 A public option, but for banking. That’s what Reps. Rashida Tlaib and Alexandria Ocasio-Cortez are proposing in a new bill unveiled on Friday. The Public Banking Act, first shared with Vox, wouldn’t...
Buying Local, Expanding Agriculture
Food Depot warehouse in Santa Fe. Photo by Anson Stevens-Bollen By Katherine Lewin, Santa Fe Reporter | October 28, 2020 A New Mexico public bank could reduce the cost of expanding the state’s agricultural infrastructure County commission passes...
Downturns may be the best time to start a bank with a mission to serve underserved or disinvested communities
Southside Community Development and Housing Corporation recently obtained a loan from Virginia Community Capital to purchase this building and the vacant lot next door to provide rental units for prospective first-time homebuyers. (Photo courtesy Dianna Bowser) By...
PNM merger could help the company make significant strides in transition to renewable energy
PNM solar array in Santa Fe County, courtesy of PNM By Collin Krabbe, Albuquerque Business First | October 21, 2020 A New Mexico Public Bank could reduce the need for our energy companies to create deals and mergers with out-of-state companies as New Mexico...
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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