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How to Be an Anti-Racist Bank
Keith Williams and Michael Howard of MMK Trucking, Greenville, Miss., are customers of and received a Paycheck Protection Program through Southern Bancorp. (Photo courtesy Southern Bancorp) By Oscar Perry Abello, Next City | July 2, 2020 If New Mexico had a...
Trump Regulators Just Rolled Back a Major Obama-Era Bank Reform
Photo by Roberto Júnior on Unsplash By Hannah Levintova, Mother Jones | June 25, 2020 This is why we need to keep New Mexico’s revenue in New Mexico. On Thursday, five federal regulatory agencies voted to roll back a key financial rule enacted...
Will New York Launch a Public Bank?
Senator James Sanders of Queens is the lead sponsor of the Senate’s public-banking bill. Image courtesy CityLimits. By Sadef Ali Kully, CityLimits | June 25, 2020 Now is the time to create a public banking system as the city prepares for deep budget cuts amid...
The pandemic made the racial wealth gap worse: These 8 policies could fix it
Image by Jeff Balbalosa from Pixabay By Kristin Toussaint, Fast Company | June 19, 2020 A state-chartered public bank could provide financial support for many of the policies mentioned here. From postal banking to Medicare for All to baby bonds, this series of...
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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