Jacobin – August 2, 2021. By Julian LaRosa. The basic functions of investment are too important to be left in the hands of private banks only interested in accruing profits. We need public banks —...
Capitol Weekly – July 1, 2021 San Francisco has taken its first major step toward establishing a public bank, and other California municipalities are also moving forward in exploring public banking,...
CBS Bay Area – SAN FRANCISCO (BCN/CBS SF) — June 15, 2021 San Francisco’s Board of Supervisors on Tuesday unanimously approved an ordinance that moves the city closer to creating the first public...
Sacramento, CA – Today, the California State Assembly approved landmark legislation that would guarantee all Californians access to basic banking services without fees or penalties. The California...
KCET- LOS ANGELES (CNS) – June 1, 2021 The Los Angeles City Council today voiced its support for creating a statewide public banking option for California residents in an attempt to reduce racial and...
LAist – Millions of low-income Californians might be able to bank free of penalties and fees if state lawmakers approve the latest attempt to create public banking. AB 1177 would form a...
Noozhawk – May 29, 2021 The Santa Barbara County Board of Supervisors passed a resolution this month expressing interest in participating in a viability study that would determine the...
Monterey Herald – SALINAS — Monterey County elected officials have OK’d exploring the concept of joining other Central Coast counties to develop a public banking system that would provide benefits...
By Margot Roosevelt, Los Angeles Time. Escalating overdraft charges. Minimum balances. High ATM, check-cashing and debit card fees. Banking can be expensive, especially for low-wage workers. A score of...