Girl facing Wall Street bull. Photo by Robert Bye

News Roundup – April 29, 2023

Public Banking Transcending Finance with Public Banking | Trinity Tran, Medium Bank Bailouts, Again! Time to get the SF Public Bank Up and Running | Rick Girling, El Tecolote 4 ways to close the homeownership gap | Betsy Vereckey, MIT Management Sloan School Opinion: Public Banking is a Win for New York’s Tenants | Roy Zornow and Elizabeth Haak, CityLimits VIDEO: Senate Inquiry into Bank Closures in …

News Roundup – April 29, 2023 Read More

Richard Werner briefing memo print

VIDEO: Web presentation with Richard Werner on Tennessee state bank is now posted. In case you missed it: Richard Werner briefing memo supports Tennessee state public bank

Illuminating discussion with Richard Werner and Catherine Austin Fitts is now posted: Werner: “Like many crises, it’s an engineered crisis. … We can’t trust the Fed. And therefore what do we need? … What you need is a state level bank … as a bulwark to support and back … all the banks in the …

VIDEO: Web presentation with Richard Werner on Tennessee state bank is now posted. In case you missed it: Richard Werner briefing memo supports Tennessee state public bank Read More

Three cities Public Bank East Bay

Berkeley City Council approves Public Bank East Bay’s viability study, joining Richmond and Oakland in the working group creating a public bank

Public banking takes another key step forward in Northern California. Public Bank East Bay writes: On Tuesday, April 11 (really, really close to the first minutes of April 12), the Berkeley City Council approved Public Bank East Bay’s viability study and committed to join the working group that will hash out the details of how the …

Berkeley City Council approves Public Bank East Bay’s viability study, joining Richmond and Oakland in the working group creating a public bank Read More

SVB via ScheerPost

Ellen Brown’s recent article suggests it’s time to change the rules of the banking game

PBI Chair Ellen Brown’s recent articles on the current state of the banking system have led to a surge of interest in public banks as well as a spate of interview requests from all corners. Her article “Banking Crisis 3.0: Time to Change the Rules of the Game” in ScheerPost points out that these recurring banking crises are …

Ellen Brown’s recent article suggests it’s time to change the rules of the banking game Read More

Girl facing Wall Street bull. Photo by Robert Bye

News Roundup – April 18, 2023

Public Banking State-owned Bank of North Dakota’s unique structure garners attention in wake of banking crisis | Eric Revell, Fox News VIDEO: Kevin O’Leary: There’s an ‘incredible situation’ unfolding here; The success behind North Dakota’s public banks | Fox News ND financial institutions assert good health in wake of bank failures elsewhere | David Olson, InForum North Dakota Has the Country’s Oldest Public Bank. We …

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Our Money, Our Future

Three-day public banking symposium hosted by Willamette University in Oregon takes place March 23-25

PBI and the Oregon Public Banking Alliance, in partnership with Willamette University’s Law School, Department of Economics, and Graduate School of Business, cordially invite you to the “Our Money, Our Future Symposium: Promoting Economic Democracy in Oregon Through Public Banking,” a three-day public banking symposium accessible both on-site and online Thursday through Saturday, March 23-25. The program covers demystifying public …

Three-day public banking symposium hosted by Willamette University in Oregon takes place March 23-25 Read More

Colorado draft bill

Colorado public banking advocates release a Local Public Banking Draft Bill

From the Rocky Mountain Public Banking Institute and the Colorado Public Banking Coalition: After more than 600 hours of research, analysis, discussion, debate, and editing, the Rocky Mountain Public Banking Institute together with the Colorado Public Banking Coalition (CPBC) steering committee have completed the Draft Bill to Authorize Local Public Banks! We are now launching …

Colorado public banking advocates release a Local Public Banking Draft Bill Read More

NY Public Banking Act

NY State “Public Banking Act” bill nears majority support in legislature; plus more updates from across the country

New York NY Senate Bill S1754 and Assembly Bill A3352 to establish the “New York Public Banking Act,” which is similar to California’s AB857, were introduced in mid-January by State Sen. James Sanders Jr. and Assemblymember Pamela J. Hunter, respectively. As of mid-March, the Senate bill has met the 32 Senator co-sponsor threshold to pass. The Assembly bill has …

NY State “Public Banking Act” bill nears majority support in legislature; plus more updates from across the country Read More

Richard Werner briefing memo

Banking and Finance Professor Richard Werner publishes a briefing memo providing scholarly support for the case for a state public bank

Richard Werner, Member of Linacre College, Oxford, and a university professor in banking and finance, recently published a briefing memo that provides an intellectual foundation to state legislators and advocates supporting the case for a public bank. The rationale presented by Dr. Werner applies equally in any state. The benefits discussed include dividends, higher state-level tax revenues, greater job …

Banking and Finance Professor Richard Werner publishes a briefing memo providing scholarly support for the case for a state public bank Read More

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