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San Francisco may usher in a new era of public banking
Photo credit: Free-Photos / Pixabay By Glenn Daigon, Who.What.Why. | February 17, 2021 Ever since the Great Recession of 2008, Wall Street’s name has been mud with the American public. One recent poll showed that 64 percent of those surveyed believe “the stock market...
San Francisco moves a big step closer to a public bank
San Francisco Sup. Dean Preston (courtesy 48Hills) By Tim Redmond, 48Hills | January 26, 2021 At least six supes on board with visionary plan that has never been done in a city Six San Francisco supervisors spoke today about their support for a public bank,...
San Diego resumes efforts to create city-run public bank
Photo of San Diego by John Getchel, Flickr (CC BY-NC 2.0) By David Garrick, San Diego Union-Tribune | January 23, 2021 San Diego city leaders want to explore creating California’s first government-run public bank, which could loan out tens of millions of...
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...
Postal service crisis — California is ready to pilot a postal banking solution
Photo by Greg Nash By Thomas M. Hanna and Jeff Olson, The Hill | October 9, 2020 Postal banking would offer a personal public banking option to everyone with a postal address The U.S. Postal Service (USPS) is under attack and at grave risk. But with that...
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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
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