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To Keep the Economy Afloat, the Fed Turns to North Dakota
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
Just, Equitable, and Regenerative Recovery with Public Banking
Photo: Debbie Notkin by JCF By Debbie Notikin, Post News Group| Apr 22, 2020 The COVID-19 crisis is shining a bright and unforgiving light on the glaring economic and racial inequalities we live with every day. Public banking is a major step toward a more just and...
Missing so far from the prescription for a coronavirus economic recovery: public banks
Photo: First lady Eleanor Roosevelt talking in June 1936 with the superintendent of a waterfront park project in Des Moines, Iowa, sponsored by the Works Progress Administration. Courtesy FDR Presidential Library & Museum. By Timothy Knowles and Ameya Pawar,...
How State Officials Can Save Main Street in the Face of COVID-19: Three Urgent Actions
Photo courtesy Public Banking Institute By Public Banking Institute | Apr 22, 2020 In an open letter to state governors and treasurers, Public Banking Institute details three new funding possibilities states can tap to rescue communities from financial catastrophe and...
Public banking would help speed the economic recovery from COVID-19
Photo by Paulo Silva on Unsplash By Isaiah Poole and Rick Girling, The Hill | Apr 17, 2020 At least 90 percent of the nation’s cities are facing a budget crisis because of the economic shutdown in response to the COVID-19 pandemic, according to a...
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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