Mike Krauss, one of the original founders of Public Banking Institute, passed away October 10th at his home in Mexico. He was a powerful speaker and bipartisan organizer. Our colleagues gave us these tributes: Marc Armstrong: “I got to know Mike Krauss as we launched the Public Banking Institute back in late fall of 2010. …
Eric Hardmeyer, the long term president and CEO of the Bank of North Dakota, will unfortunately not be able to speak at this event, but his very articulate and effective video presentation organized by the New York Public Banking Coalition will enlighten us about banking in the public interest and the proper use of the …
Please join Emmy Award-winning author Steven Fenberg, Public Banking Institute Chair and author Ellen Brown, and macroeconomist Alphecca Muttardy for the timely Zoom presentation “Rebuild the Nation with a New Reconstruction Finance Corporation.” The compelling forum will examine the primary role the Roosevelt era Reconstruction Finance Corporation (RFC) played in rescuing the nation from the …
Please join Cornell University Edward Cornell Professor of Law and Finance Robert Hockett, Washington State Senator Robert Hasegawa, New Mexico State Senator Bill Tallman, and PBI Senior Advisor Walt McRee for a Town Hall zoom event. Via the Coalition for a National Infrastructure Bank: Fed Chair Jerome Powell, NY Fed Pres. John Williams and their public promoter former Treasury Secretary …
Modern Money Mechanics Professor Rohan Grey, president of the Modern Money Network and a noted leader in both MMT, the digital eCash campaign, and public banking, speaks with Ellen and Walt about how these new dimensions of money management are changing our thinking about money and public monetary policy. [Watch video]
Despite Congress having passed two major infrastructure bills in the last year, over $2 trillion in much-needed infrastructure is still unfunded, according to the American Society of Civil Engineers (ASCE). In her latest ScheerPost article, PBI Chair Ellen Brown outlines how approaches used in the past can be duplicated today to fund critical needs including projects to address drought, affordable housing, high-speed …
Via Public Bank East Bay: Northern California Grantmakers and the San Francisco Foundation came together in July to showcase our project to a large network of foundations and other interested parties. This was an entirely informational event. The recording is an excellent explainer on public banking and our project, featuring: Valerie Red-Horse Mohl’s superb introduction – 1:16 …
Video spotlight: Public Bank East Bay presents project to regional foundations Read More
Public Banking A National Infrastructure Bank could be the answer to both inflation and recession | Ken Bank, People’s World National Infrastructure Bank Would Rebuild US, Create Jobs & Restore Global Competitiveness | Rep Pam Powers Hannley, A New Life-Aligned Culture Is Emerging | Elaine Cornick, Cultural Butterfly Project European-style public banking needed in Ireland | Regina Doherty, Fine Gael Economy Capital …
On July 22, 2022, the Coalition for a National Infrastructure Bank sponsored a town hall titled “It’s the ‘Productive’ Economy, Stupid.” Included in the discussion, Cornell Professor and PBI Advisory Board member Robert Hockett pushed back against the proposed solution of former Treasury Secretary Larry Summers to soaring inflation: increase the joblessness rate.
In her latest article, PBI Chair Ellen Brown argues that the Fed’s rate hikes, too, will only make inflation worse. While the Fed applies its go-to tool of increasing interest rates to suppress demand, the real problem continues unabated — supply shortages caused by brutal lockdowns, sanctions, war, and a farming crisis driven by overly stringent regulations. …
A recent article by Carey L. Biron for Thomson Reuters Foundation quotes numerous public banking advocates including PBI Senior Advisor Walt McRee, Philadelphia Councilmember Derek Green, Public Bank East Bay leader Susan Harman, San Francisco Public Bank co-founder Jackie Fielder, Massachusetts Public Banking leader Ruth Caplan, and PBI Advisory Board member Thomas Marois. Boom in …
Thomson Reuters article highlights the boom in public banking efforts Read More
