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New York Is Proposing the Creation of a ‘Public Venmo’
By Jordana Rosenfeld, VICE | January 7, 2020 Lawmakers and activists are proposing a digital payment platform and currency to help millions of New Yorkers without bank accounts. For millions of people in the US, exclusion from the banking system is simply a...
11 bankers and disruptors to watch in 2020
By Alan Kline, Laura Alix, Kevin Wack, Andy Peters, Dean Anason, Jon Prior, Penny Crosman, AMERICAN BANKER | Jan 12, 2020 In banking circles, the biggest story of 2019 was unquestionably the blockbuster merger between longtime rivals BB&T and SunTrust...
Las Cruces says it supports a public bank. But what does that mean?
By Michael McDevitt, Las Cruces Sun-News / Jan 8, 2020 Las Cruces says New Mexico should consider a public bank. At its Monday meeting, the first of the year, the Las Cruces City Council voted to support New Mexico exploring the feasibility of a state public...California Breathes New Life Into Public Banking Movement
By Evan Weinberger, Bloomberg Law / Jan 2, 2020 A California law has energized public banking advocates around the country New York and other states are moving ahead with legislation and studies aimed at creating public banks A California law allowing municipalities...
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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