Feb 18, 2015. American Banker, founded in 1836, is America’s oldest and most important banking journal. Over half a million people read its five day-a-week news site every month, and over 35,000 people subscribe to the print version. Independent of any portion of the banking industry, American Banker has won accolades for its coverage of …

American Banker, Nation’s Preeminent Banking Journal, Strikes a Note on Public Banking Read More

Feb 18, 2015. As our supporters know, the Public Banking Institute played an important role in organizing and presenting at the September 2014 Santa Fe conference, which spurred the Santa Fe City Council and Mayor Javier Gonzales to move forward on public banking in the city. We are happy to report that Santa Fe is …

New Mexico Moves Forward on Public Banking Read More

Jan 30, 2015. In Maine, a hearing has been scheduled for next week to consider a bill creating a state public bank and authorizing counties and municipalities to create their own banks. L.D. 24, H.P. 23, An Act To Create a Public State Bank, sponsored by Diane M. Russell (D-Portland, pictured at left), will be …

Maine to Consider Public Bank Bill Read More

Jan 29, 2015. Many people fear that secretive trade talks with corporate lobbyists may prohibit public rights to control common assets. The United States Congress is very close to granting President Obama the authority to “fast track” negotiations for the Trans-Pacific Partnership, a trade deal largely negotiated in secret that could have profound implications on …

Is the Trans-Pacific Partnership a Danger to Public Banks? Read More

Jan 22, 2015. Alexis Goldstein’s excellent coverage of the culmination of Vermont’s struggle for a public bank raises a vital point about being in a movement. In Vermont, advocates didn’t get (haven’t yet gotten) the holy grail of a bonafide public bank. But the compromise they facilitated still constituted a win over big Wall Street …

Public Banking: It’s About the Movement, About the Demand Read More

Jan 21, 2015. While public banking advocates in the United States have been busy in New Mexico, Washington, Pennsylvania, Arizona, Vermont, and several other states, activists north of the border are doing their work as well. This Saturday, they will hold a free public seminar in Toronto to discuss money, economic justice, and the public bank …

Toronto to Host Public Banking Seminar at City Hall Saturday, January 24 Read More

Jan 20, 2015. By Ellen Brown Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no …

EU Showdown: Greece Takes on the Vampire Squid Read More

Dec 13, 2014. The elephant in the room is almost always an economic elephant. The unrest in Ferguson, Missouri following both the shooting of Michael Brown and the failure of a grand jury to indict the police officer who shot him was, in a large part, contextualized by Ferguson’s model of city financing. Now it …

Ferguson, Alienation, and City Budgets: Fleece the Poor, or Democratize Finance? Read More

Dec 10, 2014. As a direct result of Wall Street mismanagement and federal complacency, communities have lost the ability to finance local, sustainable growth and public services. This is a direct threat to democracy, because the chief conduit of democracy in American society is the ability of cities and towns to facilitate public participation, health, …

Seattle’s Groundbreaking City Council is Considering Another Groundbreaking Idea: A Public Bank Read More