Philadelphia event

Event tomorrow: Tuesday, Feb 27, 4:30pm ET — Could Philadelphia invest 2% of its pension fund in local economically targeted investments? Philadelphia Public Banking Coalition invites the public to discuss its proposal

On Tuesday, February 27, 2024, from 4:30 to 5:00 PM ET, Philadelphia Public Banking Coalition (PPBC) will present a program and interactive discussion about their recent proposal for the City Pension Fund to invest 2% of its portfolio ($168 million) in an asset class for local Economically Targeted Investments (ETIs). The general public is invited to participate on Zoom. Members […]

Event tomorrow: Tuesday, Feb 27, 4:30pm ET — Could Philadelphia invest 2% of its pension fund in local economically targeted investments? Philadelphia Public Banking Coalition invites the public to discuss its proposal Read More

NJ recommendations

NJ’s Public Bank Implementation Board provides final recommendations to Governor Murphy

(PBI will do a follow-up on this NJ report release for our next newsletter.) On Tuesday, Feb 6, the New Jersey Public Bank Implementation Board submitted its final recommendations to Governor Phil Murphy. The Public Bank Implementation Board unanimously approved the report on January 30. [Read full report]

NJ’s Public Bank Implementation Board provides final recommendations to Governor Murphy Read More

US Capitol by Louis Velazquez

Federal Public Banking Act revived

Representatives Rashida Tlaib and Alexandria Ocasio-Cortez revived The Public Banking Act federal legislation by reintroducing it December 13, 2023. CommonDreams reports from Rep. Tlaib’s press release: “If passed as written, the Public Banking Act of 2023 would: Provide federal charters for public banks; Provide public banks a pathway to membership at the Federal Reserve, allowing public banks

Federal Public Banking Act revived Read More

computer screen by Computer Tech Daily

Two articles from Ellen Brown tackle the derivatives ticking time bomb and how to defuse it

In two recent articles, PBI Co-Chair Ellen Brown examines the current derivatives threat in the wake of a conjectured “black swan event” and proposes some solutions: Part 1: Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’? “In the event of a cyberattack that destroys the records of banks and brokers, there could be

Two articles from Ellen Brown tackle the derivatives ticking time bomb and how to defuse it Read More

2023 Annual Report available

PBI’s Annual Report now available

Our 2023 Annual Report is now available on our website. In it we review significant accomplishments the public banking movement made last year, among them: Fully 76% of states now have a local public banking group or a candidate with a public bank platform. A dozen municipal and state legislative initiatives were introduced and pursued in 2023.

PBI’s Annual Report now available Read More

2024

2024 looks good for public banking!

We believe 2024 is going to produce another significant leap for the public banking movement. Fully 76% of states now have a local public banking group or candidate with a public bank platform. A dozen municipal and state legislative initiatives were introduced and actively pursued in 2023. Formal business and governance plans were written and approved in San

2024 looks good for public banking! Read More

Walt McRee

Walt McRee becomes Co-Chair alongside Ellen Brown. Meet our new Board members and Advisory Board member.

PBI’s Board is delighted to announce we have two new members, Joshua Hall and Peter Winslow, and a new Advisory Board member, Tim Canova. And long-time PBI Senior Advisor and former Chair Walt McRee becomes Co-Chair alongside Ellen Brown. See our website for full bios of our new Board members and new Advisory Board member.

Walt McRee becomes Co-Chair alongside Ellen Brown. Meet our new Board members and Advisory Board member. Read More

matching challenge fund drive update

Our first challenge goal is just a short step away! Your gift could be the contribution that shifts it to the next level

The year-end matching challenge fund drive is within sight of its first goal thanks to recent substantial donations! We’re overwhelmingly grateful. Can you help today by investing in our movement to build public banks nationwide to support the thriving communities we all want and deserve? As we look ahead, we see the critical need to build

Our first challenge goal is just a short step away! Your gift could be the contribution that shifts it to the next level Read More

Public Bank Orange County

Advocates from Public Bank Orange County spread the word at a recent festival prior to the third meeting of Orange County’s Creation of a Public Bank Committee

Nelson Betancourt and Eli LaSalle, advocates and organizers with Public Bank Orange County (PBOC), set up a public banking advocacy table and booth at a recent VegFest in Orlando on October 28 to inform attendees of recent public banking developments and sign up new Friends of Public Banking in Orange County, Florida. (Banners and tri-fold brochures used

Advocates from Public Bank Orange County spread the word at a recent festival prior to the third meeting of Orange County’s Creation of a Public Bank Committee Read More

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