Girl facing Wall Street bull. Photo by Robert Bye

News Roundup – Sept 7, 2022

Public Banking

A National Infrastructure Bank could be the answer to both inflation and recession | Ken Bank, People’s World

National Infrastructure Bank Would Rebuild US, Create Jobs & Restore Global Competitiveness | Rep Pam Powers Hannley,

A New Life-Aligned Culture Is Emerging | Elaine Cornick, Cultural Butterfly Project

European-style public banking needed in Ireland | Regina Doherty, Fine Gael

Economy

Capital and How to Share It | Kevin Cox, Medium

FHFA to launch probe of Federal Home Loan banks this fall | Kyle Campbell, American Banker

The New Volker — Jackson Hole hangover: Stock futures continue to slide after Wall Street rout | Yoel Minkoff, Seeking Alpha

Fed’s Brainard says FedNow launching in 2023 and banks need to get ready | John Heltman, American Banker

Video – Gravitas: Chinese citizens boycott mortgages in 86 cities | WION

How Fixes to the $800 Billion Covid Relief Program Got Money to More Small Businesses | Amy Yee, Andre Tartar and Marie Patino, Bloomberg

Emails uncovered in Trident redlining probe show proof of intent | Kate Berry, American Banker

Bank of America’s overdraft fees down 90% under new policy | Associated Press, NY1 Spectrum News

The rapid demise of NSF fees | Allissa Kline, American Banker

Can This Big New Investor Push Smaller Banks to Get More Creative? | Oscar Perry Abello, Next City

The US is about to go full Louis XVI | Simon Black, Sovereign Man

A Third of SMEs Need to Access Business Finance to Survive | Connor Campbell, NerdWallet

Screwing Working People – to Protect Wall Street | Ann Pettifor, System Change

Photo by Robert Bye.

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