Press Room & Media
In the News
CFO Patronis Proposes ‘Sunshine Freedom Bank,’ A First-of-its-Kind State Bank of Florida
TALLAHASSEE, Fla. — Today, Chief Financial Officer (CFO) Jimmy Patronis proposed the “Sunshine Freedom Bank,” a public bank of Florida that would establish state control over state funds. The Florida Treasury, which CFO Patronis oversees, processes over $150 billion...
Banking For The People: New E-book by Next City & CommonFuture
by Next City & CommonFuture — Our mainstream banking system is failing most of us. This ebook includes stories about the people and organizations working to make the system work better for everyone — no matter their race, zip code or socioeconomic status. It’s not...
To Democratize Finance, We Must Take the Banks Away From the Bankers
By C.J. Polychroniou for Truthout | February 17, 2024 (Photo: LEONARDO MUNOZ / VIEWPRESS / GETTY IMAGES) Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit. Our current banking and financial system has...
Tlaib, AOC Revive Public Banking Act to Take on Wall Street
By Brett Wilkins for Common Dreams | December 13, 2023 Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks while Rep. Rashida Tlaib (D-Mich.) looks on (Photo: Zach Gibson/Getty Images) "Wall Street-run banks are failing to serve many of my residents who are struggling to...
Racial disparities in NY homeownership driven by higher interest rates, mortgage denials
By David Brand for Gothamist | November 1, 2023 (Photo by Jemal Countess/Getty Images) New York Attorney General Letitia James is calling on state lawmakers to tackle unfair credit and lending practices that fuel a staggering racial gap in homeownership and force New...
San Francisco Green-Lights Nation’s First City-Run Public Bank
By Sydney Johnson for KQED | SEPTEMBER 8, 2023 Photo: A Muni bus passes by City Hall in San Francisco on Aug. 8, 2023. (Beth LaBerge/KQED) After years of pressure from financial equity advocates, San Francisco supervisors this week unanimously approved a plan for the...
After years of ups and downs, Los Angeles moves forward on creation of a public bank
By CHARLOTTE KRAMON for Los Angeles Times | JULY 6, 2023 Photo: Assemblyman Miguel Santiago, left, presents Assemblyman David Chi a sign after Chiu’s measure to let California cities create their own public banks was approved by the Assembly in 2019. (Rich Pedroncelli...
Public Banking Efforts Are Gaining Momentum And Clarity In California
By Oscar Perry Abello for NextCity | JUNE 27, 2023 — From Los Angeles to the East Bay, major public banking plans are emerging from California cities. Prince Osemwengie has been looking into every tool in the toolbox to help stem the tide of local businesses...
What Ohio’s Co-op Evangelists Learned From Spain’s Thriving Union Co-op Network
By Cinnamon Janzer for NextCity | June 21, 2023 — Inspired by Spain's pioneering Mondragon worker-ownership movement, Co-op Cincy recently returned to the Basque region to uncover how they can take their work to the next level. For his 91st birthday three...
Congressman Danny K. Davis Introduces National Infrastructure Bank Bill H.R.4052
On June 13, 2023, Congressman Danny Davis introduced the National Infrastructure Bank Bill H.R.4052 into the 118th Congress. The bill calls for a $5 trillion National Infrastructure Bank (NIB) to build all the Nation’s infrastructure. As noted on Congress.gov,...
To Democratize Finance, We Must Take the Banks Away From the Bankers
By C.J. Polychroniou for Truthout | February 17, 2024 (Photo: LEONARDO MUNOZ / VIEWPRESS / GETTY IMAGES) Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit. Our current banking and financial system has...
Tlaib, AOC Revive Public Banking Act to Take on Wall Street
By Brett Wilkins for Common Dreams | December 13, 2023 Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks while Rep. Rashida Tlaib (D-Mich.) looks on (Photo: Zach Gibson/Getty Images) "Wall Street-run banks are failing to serve many of my residents who are struggling to...
Racial disparities in NY homeownership driven by higher interest rates, mortgage denials
By David Brand for Gothamist | November 1, 2023 (Photo by Jemal Countess/Getty Images) New York Attorney General Letitia James is calling on state lawmakers to tackle unfair credit and lending practices that fuel a staggering racial gap in homeownership and force New...
Retake Our Democracy Zoominar Panel on Public Bank Legislation
Retake Our Democracy Zoominar Panel on Public Bank Legislation
We had a great discussion panel with Retake our Democracy ahead of the 2023 Legislative session. October 26, 2022
Albuquerque local business consultant on how a State Public Bank can benefit our economy
Albuquerque local business consultant on how a State Public Bank can benefit our economy
AFLEP Leadership Team Member and Albuquerque”buy local” business advocate, Clifton Chadwick shares key economic reasons why he supports the creation of a State-Owned Public Bank. March 10, 2022
Episode: Everyone deserves a public bank
“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