Public Banking
Los Angeles Moves Forward on Creation of a Public Bank | Charlotte Kramon, Governing
Personal View: Public banking makes sense for Cleveland | Michael Collier and Geeta Minocha, Crain’s Cleveland Business
City Council wants a study into creating a Los Angeles public bank | City News Service, Los Angeles Daily News
Bank of ND shows record profits — Burgum criticizes Legislature for taking $150 million of profits for the General Fund | Dave Thompson, Prairie Public Broadcasting
Is new social-impact fund first step to NJ public bank? | John Reitmeyer, NJ Spotlight News
Governor Murphy Signs Bill Establishing Social Impact Investment Fund | Gov. Murphy’s office, press release
Advocates call for establishment of Social Impact Investment Fund | New Jersey Citizen Action, Insider NJ
What if NYC had its own public bank? There are billions of reasons to consider it, report says. | David Brand, Gothamist
The Economic Impact of a New York City Public Bank | James Parrott and Michele Mattingly, The New School Center for New York City Affairs
Bronx Town Hall Touts Public Banking Benefits to Locals | José A. Giralt, Norwood News
Mayor Johnson unveils his ‘blueprint to transform’ Chicago, revealing ‘how we will govern’ — and how residents can keep score | Fran Spielman, Chicago Sun Times / WBEZ Chicago
Big banks abandon Bayview’s Third Street corridor | Griffin Jones, Mission Local
It’s time for a public bank | James Coleman and Katie Causey, The Daily Journal
As I See It: State banks — an idea whose time has come | Rick Staggenborg, M.D., Albany Democrat-Herald
Let’s consider a public bank | Steve Pleich, Times Publishing Group
Talk of the Town: New Mexico needs a public bank capable of rebuilding communities | Albuquerque Journal Reader, Albuquerque Journal
Our Crumbling Economy Needs The National Infrastructure Bank | Observer Staff, The Nassau Observer
Economy
Twenty-six banks will handle billions in city funds | Aaron Elstein, Crain’s New York Business
In a First, the Public Got to Weigh in on NYC’s Banking Decisions | Doug Turetsky, CityLimits
New York City Banking Commission votes to halt city deposits at Capital One | Lauren Sforza, The Hill
How the big student-debt ruling will affect U.S. consumer lenders | Charles Gorrivan, American Banker
Biden’s new plan to forgive $39 billion in student loans, explained | Nicole Narea, Vox
EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability | Jack Schickler, CoinDesk
Poll: Only 16% of Americans Support the Government Issuing a Central Bank Digital Currency | Emily Ekins and Jordan Gygi, Cato Institute
Quant releases blockchain platform used in Bank of England’s CBDC project to the public | ATM Marketplace
Brazil’s Central Bank Selects 14 Participants for CBDC Pilot | Andrés Engler, CoinDesk
New ESG Requirements for Banks that Hold Public Funds May Raise Challenging Compliance Issues | Keith Kollmeyer, Jacob H. Hupart, Ellen Shapiro, Mintz
After my banking travails, I fear Britain is lost | Nigel Farage, The Telegraph
Fed’s Barr: AI could ‘perpetuate or even amplify’ bias in mortgages | Kyle Campbell, American Banker
Fed launches master account database | Kyle Campbell, American Banker
Europe’s Economic Engine Is Breaking Down | William Wilkes and Jana Randow, Bloomberg News