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How The US Could Achieve 100% Financial Inclusion Through Local Public Banking
Photo by Jack Cohen on Unsplash By Nik MIlanovic, Forbes | November 3, 2020 The public banking model proposed in this article is not the same as the one proposed for NM, which is one that supports local revenues staying in the community for local benefits....
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...
Industrial Commission Approves New Bank of North Dakota COVID Relief Program
Photo by Bank of North Dakota By Bank of North Dakota | September 23, 2020 The Industrial Commission approved a $50 million interest buydown program to be administered by Bank of North Dakota (BND) for businesses with decreased revenue related to the COVID-19...
‘Fast, simple, easy’: Bank of North Dakota boosts coronavirus business aid
Photo: Sandy Jacobson, owner of Brick Oven Bakery in downtown Bismarck, recently received a small employer loan from the Bank of North Dakota (Tom Stromme) By Jack Dura, Bismarck Tribune | July 19, 2020 Steve and Sandy Jacobson’s bakery wasn’t even a year...
Bank of North Dakota Releases 2019 Annual Report: “From Surviving to Thriving”
Photo via Bank of North Dakota, LinkedIn By Bank of North Dakota | July 7, 2020 Imagine if New Mexico could realize the substantial profit from its own public bank that North Dakota’s public bank generated for their state in 2019 The state-owned Bank of...
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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