fter years of claiming to be a leader in climate action, California might be finally starting to step into its promised role — and it is bringing a secret weapon to the challenge. On November 19, Gov. Gavin Newsom announced the state was placing a moratorium on new permits for oil drilling activities that involved steam injection […]
Thank you American Postal Workers Union (APWU) for your support on the Public Banking Act. Postal banks and municipal public banks are complimentary efforts and we look forward to continuing our work on the financial revolution to build a banking system that works for all working people. APWU represents 330,000 members, employees and retirees of the […]
November 5, 2019. Glenn Daigon with Who.What.Why talks with Assemblymember David Chiu and the Alliance’s Trinity Tran. From successful legislating to overcoming the clout of big finance, California’s new public banking law is reverberating across the country. For only the second time in 100 years, a people-powered coalition overcame the stiff opposition of the banking lobby to […]
“How a Public Bank Could Help Free S.F’s Money From Wall Street,” by Ida Mojadad in SF Weekly, October 16, 2019 “California Just Legalized Public Banks But Can They Work?,” by Mario Koran, October 15, 2019 “Trinity Tran on Public Banking,” on FAIR (Fairness & Accuracy in Reporting), October 11, 2019 “California Governor Signs Bill […]
Oscar Perry Abello of NextCity talks with Sushil Jacob and Trinity Tran with the California Public Banking Alliance, Long Beach Mayor Robert Garcia and Kat Taylor with Beneficial Bank on AB 857, the historic bill that will “set in motion massive structural economic change” in California and could change the future of finance! A bill […]
CPBA organizer David Jette writes about our journey, the future of the movement and the transition to a equitable and sustainable economy on the path paved by public banks. The California Senate has voted to enact AB 857, the Public Banking Act, which sets the standards and opens the door for municipal public banks throughout […]
Sonali Kolhatkar on Rising Up With Sonali talks with Trinity Tran with the California Public Banking Alliance on the Los Angeles Measure B initiative and the #AB857 campaign barreling its way through the California State Legislature. A local measure in Los Angeles, California, last year to establish a public banking system failed. But organizers did not give up and […]
California Public Banking Alliance Press Release, August 30, 2019. AB 857 advances to full Senate vote after week of big-name endorsements. SACRAMENTO – Today the Public Banking Act (D-Chiu, D-Santiago) passed through its sixth and final committee, the California State Senate Appropriations Committee, in a historic victory for the public banking movement. The bill, AB 857, […]
California Public Banking Alliance Press Release, August 28, 2019. Democratic presidential candidate Sen. Bernie Sanders announced his support for California’s Public Banking Act (AB 857) this morning, sharing a Twitter post from the California Public Banking Alliance just days ahead of the bill’s final Senate committee vote. “It makes a lot more sense to me for cities […]
By Haley Munguia, Long Beach Press-Telegram. The Press-Telegram talks to CPBA’s Ben Hauck and Long Beach Mayor Robert Garcia on what a public bank could mean for Long Beach. It’s time for local government to put its money where its mouth is. At least, that’s what a fledgling group of activists from across the state will […]