California Public Banking Alliance hosted a virtual Town Hall on March 30, 2022 – regarding the groundbreaking efforts to start public banks in California. Keynote speaker Eric Hardmeyer, retired CEO, discusses the mechanics of the successful Bank of North Dakota — the nation’s only public bank in operation for more than a century — which he steered for over 20 years.
Eric is joined by a powerful lineup of elected California officials representing five cities: Los Angeles, Long Beach, Santa Cruz, San Francisco, and Richmond.
The facilitator is David Cobb.
00:00 Trinity Tran, California Public Banking Alliance
02:00 David Cobb, California Public Banking Alliance
06:28 Miguel Santiago, CA State Assemblymember
12:42 Curren Price, Los Angeles City Councilmember
18:26 Robert Garcia, Long Beach Mayor
22:24 Justin Cummings, Santa Cruz City Councilmember
28:26 John Avalos, Former San Francisco Supervisor
33:49 Gayle McLaughlin, Richmond City Councilmember
40:00 Keynote: Eric Hardmeyer, Former CEO, Bank of North Dakota
1:14:12 Q&A – Questions and Answers