Public Banking Efforts Are Gaining Momentum And Clarity In California
From Los Angeles to the East Bay, major public banking plans are emerging from California cities.
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From Los Angeles to the East Bay, major public banking plans are emerging from California cities.
Governor Roy Cooper today announced that teams from three North Carolina High Schools won the third annual Ready, Set, App! competition by designing and developing mobile applications that solve a problem in their school or community.
We could not have done what we did this year if we had not had the support of some of these government programs that were going directly to families, because inflation is real. the increased gas prices and increased food prices is making it much more difficult for families to get back on their feet, even as they're recovering. we're expecting about an 18-month to two-year tail on the economic recovery even after people get back to work. >> well, trisha cunningham, trinity tran, thank you both for what you do, and people everywhere need to know food insecurity is still very real. help your loca...
Proponents of public banking in California say Wall Street banks have failed low-income communities, particularly people of color. They also say the public banks will provide easier access to capital that will be critical to helping small businesses and neighborhoods rebound after the pandemic.
The Los Angeles City Council today will consider authorizing the Chief Legislative Analyst to seek contractors or consultants to help the city create a public bank. The vote comes nearly two years after former City Council President Herb Wesson introduced a motion aimed at establishing the city's first public banking institution.