by Michelle Mosser | Oct 5, 2020 | COVID-19, News, Public Bank, Public Banking, Small Business
Photo courtesy Pixabay By Darryl C. Murphy, The Philadelphia Tribune | October 2, 2020 An independent report commissioned by the City of Philadelphia recommended the creation of a public bank that would allow city government to loan directly to small businesses. The...
by Michelle Mosser | Oct 2, 2020 | News, Postal Banking, Public Bank, Public Banking, The Unbanked
Image courtesy paymentsjournal.com By McKenna Moore, Fortune | September 30, 2020 Postal banking is a form of public banking that would guarantee every American with a postal address a bank account. Over 6% of Americans—20.5 million people—are unbanked,...
by Michelle Mosser | Oct 2, 2020 | Economics, News
Federal Reserve Building. Image by Boston Public Library (CC by 2.0) By Robert Hockett, Forbes | September 30, 2020 Here’s something you might not have known. The Fed is a national development bank – our national development bank. Its mandate originally was and...
by Michelle Mosser | Oct 2, 2020 | Commercial Banking, Economics, Local Economies, National, News
Image by Eric Perlin from Pixabay By Saqib Bhatti and Brittany Alston, Action Center on Race & the Economy | September 4, 2020 As the nation adjusts to the new reality of life in a pandemic, it has become clearer than ever before that a robust social safety...
by Michelle Mosser | Sep 30, 2020 | COVID-19, Local Economies, New Mexico, New Mexico News, News, Small Business
Yvonne Sandoval and youth at Bueno Para Todos. Courtesy of BPT social media. By Elizabeth Miller, New Mexico In Depth | September 28. 2020 A New Mexico public bank could help our small farmers by providing low-interest loans through local banks and funding broad water...