Bank Shall News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The u. S. Senates lack of progress on a coronavirus to miss bill pushes Global Stock Markets into the red and italys daily coronavirus death toll falls but still exceeds 650. 00 production is at a standstill and all internal travel bans. Singapore airlines and its regional and low cost arms are grounding 96 percent of the fleets the Aviation Industry is reeling from collapsing passenger numbers and border closures due to the coronavirus been demi the United Arab Emirates home to the International Hub dubai is suspending all passenger flights including transit travel is now the news in the vira...

Sf [inaudible] rising, democratic socialists of america, california, faculty association, ace, among other groups. We really urge the board of supervisors to move swiftly, work closely with the task force and the office of the treasurer to create a San Francisco Municipal Bank. We would like to see the banks charter be grounded in principles of equity, social, racial and economic and environmental justice. San francisco has a 10 billion budget but currently apart from all the reasons why we shouldnt be investing in large commercial banks, we also are facing unprecedented housing crisis, homele...

Facing unprecedented housing crisis, homelessness crisis, despite our very large city budget. So we would like to see a public bank that would really invest in our local communities, especially most marginalized and vulnerable communities that are underserved by our current Banking System and the city would invest in Affordable Housing. Thank you. Thank you. Next speaker. Thank you, and good afternoon all my relations, my name is Tony Gonzalez and im with the American Indian movement. And im the director of a. I. M. West here in San Francisco. I come here to encourage this discussion on behalf...

And then public efforts such as Property Assessed Clean Energy bonds have been stymied by the limitations that commercial banks have. So federal tax reform is going to get rid of the Community Investment act. And there goes tax credits and nonprofits and Banking Services for low income communities. A public bank could solve some of those issues for us. Im excited we are here today. I look forward to seeing the task force and their findings and im hoping we move forward. Thank you. Thank you. Next speaker. Hello, supervisors my name is claire [inaudible] im cochair of San Francisco [inaudible] ...

Shouldnt be investing in large commercial banks, we also are facing unprecedented housing crisis, homelessness crisis, despite our very large city budget. So we would like to see a public bank that would really invest in our local communities, especially most marginalized and vulnerable communities that are underserved by our current Banking System and the city would invest in Affordable Housing. Thank you. Thank you. Next speaker. Thank you, and good afternoon all my relations, my name is Tony Gonzalez and im with the American Indian movement. And im the director of a. I. M. West here in San ...