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Supporters make case for public banking in Connecticut
Connecticut State Capitol building in Hartford. Photo by Craig Fildes (CC BY-NC-ND 2.0) By Sten Spinella, The Day | August 5, 2020 As Connecticut reckons with the economic impact of the COVID-19 pandemic, lawmakers and community organizers have returned to the...
Experts paint grim picture of New Mexico’s economy
Photo courtesy wikipedia.org By Robert Nott, Santa Fe New Mexican | August 3, 2020 A public bank could be a vitally important tool in saving New Mexico’s economy. A leading state economist told lawmakers Monday that New Mexico and the nation are in “a...
Could a State-Owned Bank Help Strengthen California’s Recovery Efforts?
Photo by Jeff Turner / CC BY 2.0 By Oscar Perry Abello, Next City | July 21, 2020 A state-owned bank could help strengthen New Mexico’s economic recovery in the same ways that it could help California. Paul Pryde is the kind of guy who reads papers...
For Some Minority-Owned Businesses, Their Lenders Are Now Their Defenders
Reds One and Only BBQ in Ferguson, courtesy Google Maps. By Emily Flitter, The New York Times | June 4, 2020 A Public Bank could work closely with C.D.F.I.’s to make more small business loans to people of color. Black- and Latino-owned businesses have...
How a North Dakota bank gave its state a huge lift in the coronavirus small business program
Photo: North Dakota farm (Brooke Raymond/ CC BY-SA 2.0) By Andrew Van Dam, The Washington Post | May 15, 2020 The United States’ only state-owned public bank is more than 100 years old and outperformed every other state in securing PPP funds for their...
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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
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