Mar 14, 2015. For many years now, the state of Maine has been fertile ground for economic innovation. Public banking has been part of that story, and 2015 has featured passionate speeches, intelligent advocacy, and hard-hitting economic analysis. Randall Parr has been instrumental in keeping the movement alive and, importantly, in communicating goings-on in Maine …
Mar 10, 2015. An hour ago, Amara Enyia, organizer and former Mayoral candidate in Chicago, and a longtime supporter of public banking, who had testified before the Financial Institutions Committee today on the Community Bank of Illinois Act, reported the following to me from Springfield, Illinois: I’m pleased to announce that with Rep. [Mary] Flowers’ …
Exclusive: Public Banking Bill Moves Forward in Illinois State Assembly Read More
Mar 5, 2015. Our sources in Chicago and Springfield tell us that Illinois State Representative Mary Flowers has re-introduced the Community Bank of Illinois Act to the state’s General Assembly. The bill Provides that State funds must be deposited in the Bank. Contains provisions concerning the nonliability of officers and sureties after deposit. Specifies the …
Mar 5, 2015. The Commerce and Consumer Affairs Committee of the New Hampshire State House has voted 12-4 to continue consideration of the public banking bill filed there two weeks ago. According to Gwen Hallsmith in a PBI update released late last night: On Tuesday this week, the Commerce and Consumer Affairs Committee of the …
New Hampshire House Moves Forward on Public Banking Bill Read More
Mar 4, 2015. Our friends at the Arizona Public Bank Coalition/Arizonans for a New Economy are still on fire–in a good way. They recently prepared a list of the top ten benefits of a public bank. Every local movement ought to compile a similar list. Below, I re-publish and add additional commentary to those reasons. …
From Arizona, A Spectacular Public Banking Top 10 List Read More
Feb 23, 2015. From the quest by citizens of Maine for a state bank, a hero has emerged: Dianne Russell, a native of Western Maine who is serving her fourth term in the House. Actually, it’s inaccurate to say Rep. Russell has “emerged” from the public bank campaign. Although young, Russell has already earned a …
Feb 23, 2015. After a couple of years off the public banking map, Hawaii is back on–and this time the emphasis is on “creating a state-owned bank to assist homeowners who are having trouble making their mortgage payments.” So reports Jason Ubay of Pacific Business News, who adds: House Bill 326 . . . proposes …
Feb 18, 2015. The mainstream media is vociferously ignoring a recent court ruling in Canada in a case involving two Canadians who sued to restore the Bank of Canada to its original operational philosophy and mission. The case was originally filed on December 12, 2011 on behalf of members of the Committee for Monetary and …
Canadian Court Decision Has Revolutionary Implications For Banking Read More
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 …
Feb 17, 2015. Although Coloradans have been campaigning for public banks at the state and city levels since at least 2011, the movement has now taken off in full force. On January 31, the group Be the Change-USA sponsored a public banking conference with more than 120 attendees, moderated by Denver city officials and community …
