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NJ considers setting up nation’s second public bank
Democratic Gov. Phil Murphy. By Phil Murphy – Phil Murphy for Governor (CC BY 2.0) By Mike Catalini, Associated Press / Nov 13, 2019 NEWARK, N.J. (AP) — New Jersey would become the second state with a publicly run bank — after North Dakota and its...
Murphy Takes First Key Step Toward Establishing a Public Bank
photo: NJTV News – The new board will be led by Marlene Caride, right, Gov. Phil Murphy’s Banking and Insurance commissioner. By John Reitmeyer, NJSpotlight Budget / Nov 13, 2019 North Dakota is currently the only state with such an institution, backed wholly...Goodman: Time For A State-Owned Bank In New Mexico?
By Peter Goodman / KRWG Public Media / Oct 6, 2019 COMMENTARY: Suppose, in 1919, New Mexico, a cattle-raising state being taken advantage of by large cattle-dealers and big eastern banks, had formed its own state bank? In agricultural North Dakota, a populist wave...
The Bank in the Background
By Evan Sparks, ABA Banking Journal / August 21, 2019 Here we are, three adults, sitting in toddler-sized chairs in a former church basement. High-pitched laughter and kid chatter wafts in from the next room, where snacks are about to be served. I’m in the...
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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