Press Room & Media
In the News
Strengthening the links in the food chain
By Stephen Hamway, Albuquerque Journal – Despite New Mexico’s reputation for famous pecans, chiles and beef, the state routinely ranks near the bottom of food stability rankings, as most of that food never makes it into the hands of New Mexico residents. With that in mind, a collection of small-scale farmers, food policy experts and state officials met virtually last week to discuss how to make NM’s food system more sustainable, more locally driven and, ultimately, more equitable.
Finding Common Ground
By Judy Wicks, Where’s Wicks? Newsletter – The 2020 election has left us a deeply divided nation. But politics did not cause this rural-urban division, and the wound will not be healed by political debates over which party will take better care of us. I believe we must learn to care for each other. I believe we can address this loss, and at the same time end economic inequality and environmental degradation, by working together to build local economies that care for us all, and nature, too.
Rishi Sunak sets out £100bn investment in infrastructure
By Jillian Ambrose, The Guardian – Britain’s first national infrastructure strategy will deliver a “once in a generation investment” worth £100bn to spur the country’s recovery from the coronavirus crisis, the chancellor said on Wednesday. Rishi Sunak set out plans for the “highest sustained levels of public investment in more than 40 years” as the government attempted to offset a grim economic prognosis in the wake of the COVID-19 pandemic.
Public Development Banks Meet To Reflect On Pandemic Impact
By Staff Writer, Taarifa – The first ever international summit of Development Banks recently concluded in Paris, bringing together different participants from around the globe. Most prominent at the summit were representatives from Public Development Banks whose main mandate is to implement different countries’ commitments to development and international solidarity in line with the Sustainable Development Goals (SDGs.)
Bank of North Dakota’s S&P credit ratings affirmed
By Bank of North Dakota – In a joint statement, the Industrial Commission stated, “The Bank’s ability to maintain its credit rating despite challenging economic times reflects its solid management and conservative lending and investment practices. BND continues to be a resource for local lenders to stabilize and grow the local economy and for students pursuing higher education.”
The Hidden Potential of the Fed’s $600 Billion Emergency Small Business Loan Program
By Oscar Perry Abello, Next City – The Paycheck Protection Program laid bare the reality that larger banks tend to focus more on larger clients, relegating millions of small businesses to second-class status. But there is evidence that loan participations, like those offered through the Fed’s Main Street Lending Program, can tip the scales toward smaller lenders.
A public bank for New Mexico gains interest
By Dan Mayfield, Taos News – Community activists have renewed their efforts to create a New Mexico public bank, designed to provide needed capital for jobs and infrastructure spending across the state. Their initiative, to be introduced in the 2021 legislative session, could keep much more of New Mexico’s money in the hands of local communities, according to supporters.
A State Public Bank: Investment in Local Communities in Post-Pandemic New Mexico
By Dee Gamble for Green Fire Times – How does New Mexico climb out of a seemingly intractable situation in the face of ongoing damage being caused by the coronavirus? A public bank for New Mexico: a bank with a “common good” purpose and re- sources to build community wealth in every village, town and city, can be the primary engine for such a far-reaching transformation.
A Public Bank for New Mexico
Richard Eeds Show, KTRC | Dec 2, 2020 Why does New Mexico need a Public Bank? Listen as Richard Eeds interviews Elaine Sullivan and Melissa Pickett of Alliance for Local Economic Prosperity about the ways a Public Bank could benefit all New Mexicans in the midst of...
Time for Public and State Banks
By Jim Harvey, Albuquerque Center for Peace & Justice | Nov 18, 2020 Is it time for Public and State Banks? Jim Harvey talks with Sarah Manning and Rebeca Jasso-Aquilar of the Alliance for Local Economic Prosperity about why we need public and state banks in New...
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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