New Jersey is taking its process of creating a public bank a bit more “public.” Tonight, Jan 24, at 6:00 pm ET, the first in a series of public hearings takes place, hosted by the NJ Work Environment Council (WEC). Registration link below.
WEC describes the event:
WEC has invited Governor Murphy to hear from labor leaders, grassroots organizers and community leaders, small business owners, students, and environmentalists, on what we need from a public bank and why we need it!
Public banks, where implemented, have provided low cost interest student loans, low-cost financing for public projects and clean energy projects, below market rate interest loans for small business owners and entrepreneurs, and affordable housing loans for historically disenfranchised communities.