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What’s driving the push for more public banks?
March 25, 2018 – American Banker, Laura Alix Call it Bank of North Dakota envy. Whenever they are frustrated with the services provided by traditional banks — or lack thereof — public officials will float the idea of creating a government-owned bank that, similar to...Task force won’t back city-owned public bank for Santa Fe
By Tripp Stelnicki | The New Mexican | March 20, 2018 The city’s public bank task force will not recommend that the municipal government pursue a Public Bank of Santa Fe, according to a draft of the panel’s final report. Instead, after finding the establishment of a...Public banking gets a toehold in New Jersey
At the 2016 Princeton Community Democratic Organization annual picnic, a pair of activists approached Phil Murphy with an unconventional idea: A public bank for New Jersey. Murphy, a longtime banker with Goldman Sachs, heard the activists out. Then, when he announced...Task Force assembled to lead San Francisco toward a public bank
by JOSHUA SABATINI | sfexaminer.com | 2/4/18 San Francisco has assembled a 16-member task force to study launching a public bank to fund affordable housing development, low-interest loans for low-income residents and cutting ties with the Wall Street banks that do not...Rep. Howrylak: Time is now for Michigan to employ a state-run bank
by gophouse.org | 1/18/18 State Rep. Martin Howrylak, of Troy, today formally introduced a bipartisan package of bills that would create and maintain a state bank. The bank would be authorized to engage in limited banking activities, including the facilitation 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