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North Dakota has one bank for every 10,000 people, the lowest ratio of any state. “One of the most-heard talking points against a public bank is it will hurt local banks,” Wu says. “But it’s the exact ...
But financial justice advocates want to see the City move its money from the Wall Street titans to a public bank, owned and operated by the people. A municipally chartered public bank would enable ...
A public bank created to empower small farmers and protect common people from outside interests was used to silence indigenous and environmental opposition to outside interests. How did this happen?
A public bank’s decisions would be driven by the needs of Los Angeles communities rather than private shareholders, advocates say, leading to investments in projects and people normally ...
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