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 | 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...
by Michelle Mosser | Sep 9, 2020 | COVID-19, Local Economies, News, Public Bank, Public Banking
Photo by Vladimir Solomyani on Unsplash By Darryl C. Murphy/WHYY, The Philadelphia Tribune | September 8, 2020 Amid the economic fallout of the COVID-19 pandemic, which has exposed systemic inequities, some say a public bank could be a key asset to...
by Michelle Mosser | Aug 27, 2020 | National, News, Postal Banking, Public Banking
Photo: Federal Reserve Building, Washington DC (Rafael Saldaña/ CC BY 2.0) By Nik Milanovic, Forbes | August 26, 2020 I recently asked a dumb question that provoked strong reactions: Why isn’t there a national, government-owned consumer bank that offers...
by Michelle Mosser | Aug 18, 2020 | COVID-19, Economics, National, News, PPP, Public Bank, Public Banking
Photo: “First Bank of the United States,” National Park Service By Sylvia Chi and Sushil Jacob, Nonprofit Quarterly | August 18, 2020 The pandemic has laid bare the failure of the federal government to justly deal with the economic fallout wrought by a...