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...
by Michelle Mosser | Sep 30, 2020 | News, Public Bank, Public Banking
Mark Levine, a Manhattan Democrat seen here in 2019, is the sponsor of two bills that would boost transparency around the huge sums of tax revenue New York City squirrels away before using it to fund city operations. Photo by Jeff Reed for the New York City Council....
by Michelle Mosser | Sep 22, 2020 | COVID-19, Economics, Environment, News, Public Bank, Public Banking
Man carrying bundle of rice in Quezon, Philippines. Public banks are expected to expand debt relief and protect the rights of local communities affected by development projects, among other decisions that spur sustainability, say campaigners. Image: Danilo...