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We Need Public Banking
Rep. Alexandria Ocasio-Cortez introduced the Public Banking Act with Rep. Rashida Tlaib. (nrkbeta/Flickr) By Julian Larosa, Jacobin | August 2, 2021 The basic functions of investment are too important to be left in the hands of private banks only interested in...
Advocates Hope New Mexico Bill Offers National Model For Frontier Equity
Grant County, New Mexico. Photo by Jay Hemphill By Noah Greenspan, The Daily Yonder | July 29, 2021 A Public Bank of New Mexico can be a tool that would add more financing support for rural infrastructure and community development As a child growing up...
Anchorage Municipal Assembly Supports HR3339, National Infrastructure Bank
Seal of Anchorage, Alaska. Wikimedia Commons. By National Infrastructure Bank Coalition | July 29, 2021 The Anchorage Municipal Assembly has recently passed a resolution supporting HR3339 and the creation of an NIB. The resolution states in part:...
North Dakota Industrial Commission authorizes Bank of North Dakota loan programs for livestock producers
Grazing cattle in North Dakota. Photo by USFWS Mountain-Prairie, Flickr (CC BY 2.0) By Staff, Jamestown Sun | July 29, 2021 A state-owned public bank can help an agriculturally-oriented state prosper during a drought; the Bank of North Dakota shows us how with...
Why Shouldn’t the People Own the Banks?
New Yorkers rallied at City Hall in 2018 to call on NYC to divest from banks that fuel climate change and to establish a municipal public bank to fund the transition to a just, sustainable economy. Photo via Public Bank NYC Facebook page By Michelle Chen, The Nation |...
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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