Taking Steps Toward Public Options For Banking

By Oscar Perry Abello, Nextcity.org -

It’s been an interesting few weeks for the idea of public banking — establishing banks owned by government entities as a values-based alternative to ‘Wall Street’ banks. In San Francisco, where [...]

The United States Has A Second Public Bank

By Rob Blackwell, The American Banker. -

Washington, DC — American Samoa is finally getting its own full-service bank — and successfully creating only the second public bank in the United States. The Federal Reserve is allowing the [...]

Legal Marijuana Propelling Public Banking

By Staff, Publicbankinginstitute.org -

Things are moving fast in California. A Los Angeles City Council committee approved a resolution February 16 to support the recently introduced state bill that would create a Public Bank that [...]

SF Treasurer Announces Priorities Of Public Banking Task Force

By Staff, Sftreasurer.org -

Treasurer José Cisneros announced today the 16 members of the Municipal Bank Feasibility Task Force. The formation of the Task Force was recommended by the Board of Supervisors to identify and [...]

Public Bank: Time For Philadelphia To Invest In Philadelphia

By Tivoni Devor, Generocity.org -

From what magic bucket of money are we supposed to use to pay for all of this? The Philadelphia Municipal Pension Fund, which covers the pension costs of city workers. This $4 billion fund is [...]

Seattle: Diverse Coalition Emerging Around Public Banking

By Staff, Publicbankinginstitute.org -

Activists as diverse as Black Lives Matter, local tribal members of the Standing Rock Coalition, 350.org, Democratic Socialists, and MLK County Labor council, as well as several experienced [...]

Seattle: Diverse Coalition Emerging Around Public Banking

By Sarah Brink, Publicbankinginstitute.org -

Activists as diverse as Black Lives Matter, local tribal members of the Standing Rock Coalition, 350.org, Democratic Socialists, and MLK County Labor council, as well as several experienced [...]

Will San Francisco Be First City With A Public Bank?

By Staff, publicbankinginstitute.org -

By Staff of Public Banking Institute - San Francisco's Board of Supervisors released a new report last week that puts SF strongly in the running for the first city in the nation to launch a [...]

Former Governor Of Bank Of Spain: Public Entity Should Create Money

By Staff, publicbankinginstitute.org -

By Staff of Public Banking Institute - Positive Money, the monetary reform group based in the UK, posts that Miguel Ángel Fernández Ordóñez, former governor of Bank of Spain, is now recommending [...]

Sears Crash Shows Capitalism Is Morally Bankrupt

By Matt Stannard, www.occupy.com -

By Matt Stannard for Occupy.com. One of my closest friends in town recently lost his job managing a Sears automobile department, when the store was closed for financial reasons. My friend was [...]

What A Public Bank Could Mean For California

By Ellen Brown, www.ellenbrown.com -

By Ellen Brown for The Web of Debt Blog - California is the eighth largest economy in the world, and it has a debt burden to match. It has outstanding general obligation bonds and revenue bonds [...]

Public Banking Goes To Pot

By Jeremy Lybarger, www.hcn.org -

By Jeremy Lybarger for High Country News - Last October, a couple from Philadelphia traveled to Sebastopol, California, a quiet outpost some 50 miles north of San Francisco, to buy pot. They’d [...]

A Bank Even A Socialist Could Love

By David Dayen, www.inthesetimes.com -

By David Dayen for In These Times - “Money is a utility that belongs to all of us,” says Walt McRee. McRee is a velvety-voiced former broadcaster now plotting an audacious challenge to the [...]

Cities And States Prefer Public Banks To Wall Street

By Staff, www.publicbankinginstitute.org -

By Staff of Public Banking Institute - Alarmed by the corruption and greed of Wall Street, many US cities and states are studying the feasibility of establishing public banks. Public banks are [...]

Newsletter – Beyond Russia: The Work Ahead

By Margaret Flowers and Kevin Zeese. As the day that the Electoral College casts its vote for President draws near, so does the frenzy of accusations that Russians hacked the election to benefit [...]

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