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kriykat<p>Public Banking in a Time of Climate Crisis<br><a href="https://consortiumnews.com/2025/02/14/public-banking-in-a-time-of-climate-crisis/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">consortiumnews.com/2025/02/14/</span><span class="invisible">public-banking-in-a-time-of-climate-crisis/</span></a><br>From Los Angeles’ fires to Asheville’s floods, disasters are intensifying and demand resilience that megabanks can’t provide, writes Trinity Tran. By Trinity Tran Common Dreams On the night of Jan. 7, as the Palisades Fire surged to 2,000 acres to&amp;#8230;<br><a href="https://gs.leftic.club/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Politics</span></a> <a href="https://gs.leftic.club/tags/ClimateChange" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ClimateChange</span></a> <a href="https://gs.leftic.club/tags/Commentary" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Commentary</span></a> <a href="https://gs.leftic.club/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> <a href="https://gs.leftic.club/tags/U" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>U</span></a>.s. <a href="https://gs.leftic.club/tags/ApocalypseInsurance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ApocalypseInsurance</span></a> <a href="https://gs.leftic.club/tags/BankOfNorthDakota" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankOfNorthDakota</span></a>(bnd) <a href="https://gs.leftic.club/tags/LosAngelesWildfires" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LosAngelesWildfires</span></a> <a href="https://gs.leftic.club/tags/PalisadesFire" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PalisadesFire</span></a> <a href="https://gs.leftic.club/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://gs.leftic.club/tags/TrinityTran" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrinityTran</span></a></p>
Public Bank East Bay<p>Public Bank East Bay: pioneering a new way to invest public money for the public good.<br>🏡 Affordable housing<br>🌱 Green energy<br>💼 Small biz<br>Nonprofit wholesale bank working with local governments to support community projects.<br><a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://sfba.social/tags/EconomicJustice" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicJustice</span></a> <a href="https://sfba.social/tags/EastBay" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EastBay</span></a> <br>Learn more: <br><a href="https://www.publicbankeastbay.org" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">publicbankeastbay.org</span><span class="invisible"></span></a></p>
Public Bank East Bay<p><a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> in a Time of Crisis: How to Rebuild <a href="https://sfba.social/tags/LosAngeles" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LosAngeles</span></a><br>From LA’s wildfires to Asheville’s <a href="https://sfba.social/tags/floods" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>floods</span></a>, <a href="https://sfba.social/tags/disasters" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>disasters</span></a> are intensifying and demand resilience. Public banking offers a blueprint for <a href="https://sfba.social/tags/recovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recovery</span></a> : leverage <a href="https://sfba.social/tags/public" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>public</span></a> dollars to cut long-term costs, create jobs, and rebuild smarter.<br><a href="https://sfba.social/tags/Fire" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fire</span></a> <a href="https://sfba.social/tags/LAFire" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LAFire</span></a> <a href="https://sfba.social/tags/ClimateChange" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ClimateChange</span></a> <a href="https://sfba.social/tags/flood" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>flood</span></a> <a href="https://sfba.social/tags/insurance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>insurance</span></a><br><a href="https://www.commondreams.org/opinion/public-banking-climate-crisis" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">commondreams.org/opinion/publi</span><span class="invisible">c-banking-climate-crisis</span></a></p>
Miss Gayle<p>As long as our community is at the "mercy" of big business, we can't survive, much less thrive. We must stop the rape &amp; pillage of our labor &amp; resources. We must bypass their system.</p><p>"We must find ways to work together where we can, in our cities &amp; states, communities &amp; bio-regions, to build the kind of future we want. Otherwise we are at the mercy of forces that will overwhelm us."</p><p><a href="https://www.resilience.org/stories/2025-01-24/to-confront-the-oligarchy-we-need-to-build-power-at-the-community-level/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">resilience.org/stories/2025-01</span><span class="invisible">-24/to-confront-the-oligarchy-we-need-to-build-power-at-the-community-level/</span></a></p><p><a href="https://urbanists.social/tags/ReLocalization" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ReLocalization</span></a> <a href="https://urbanists.social/tags/Community" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Community</span></a> <a href="https://urbanists.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://urbanists.social/tags/Organizing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Organizing</span></a> <a href="https://urbanists.social/tags/Sustainability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Sustainability</span></a> <a href="https://urbanists.social/tags/Affordability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Affordability</span></a></p>
Caitlin Waddick<p><span class="h-card" translate="no"><a href="https://social.coop/@FreeScholar" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>FreeScholar</span></a></span> <a href="https://social.coop/tags/PublicBudgeting" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBudgeting</span></a>, <a href="https://social.coop/tags/publicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicBanking</span></a>, <a href="https://social.coop/tags/PublicAssemblies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicAssemblies</span></a>, <a href="https://social.coop/tags/cooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cooperatives</span></a>, and all the activities advocated by the movement for <a href="https://social.coop/tags/solidarityEconomics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>solidarityEconomics</span></a> guard against corruption. And, then also, there are suggestions about how to be antifascist (i.e. "Don't obey in advance.") and antiracist (i.e. recognizing internalized Whiteness, or conducting an equity audit). What do you think?</p>
Public Bank East Bay<p>Public Bank East Bay (PBEB) will be a pioneering institution dedicated to lending locally for community-wide needs, initially specializing in affordable housing🏠, green energy infrastructure🌿, and small business growth with a focus on BIPOC-owned small business💼. <br> <br><a href="https://sfba.social/tags/AffordableHousing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AffordableHousing</span></a> <a href="https://sfba.social/tags/GreenEnergy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GreenEnergy</span></a> <a href="https://sfba.social/tags/SmallBusinesses" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SmallBusinesses</span></a> <a href="https://sfba.social/tags/BIPOC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BIPOC</span></a> <a href="https://sfba.social/tags/publicbank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicbank</span></a> <a href="https://sfba.social/tags/publicbanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicbanking</span></a> </p><p>Learn More About Public Banking: <a href="https://www.youtube-nocookie.com/embed/lpho-eie-fw?si=Ss6mEpMK2lBU85uC" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube-nocookie.com/embed/lph</span><span class="invisible">o-eie-fw?si=Ss6mEpMK2lBU85uC</span></a><br><a href="https://invidious.reallyaweso.me/watch?v=lpho-eie-fw" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">invidious.reallyaweso.me/watch</span><span class="invisible">?v=lpho-eie-fw</span></a></p>
ZNet (unofficial)<p><a href="https://mastodon.social/tags/Florida" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Florida</span></a>’s Republican CFO Jimmy Patronis asked lawmakers to check out starting a state-run <a href="https://mastodon.social/tags/bank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bank</span></a> to keep Florida’s $150B from big (private) banks.</p><p>It’s a big deal because usually this stuff gets pushed from the left, but here a GOP guy is leading the charge, tying it to conservative values like local control.</p><p>Even though other states have struggled with similar ideas, Florida’s move shows <a href="https://mastodon.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> is gaining some traction across the political spectrum.</p><p><a href="https://znetwork.org/znetarticle/floridas-conservative-cfo-proposes-state-owned-public-bank/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">znetwork.org/znetarticle/flori</span><span class="invisible">das-conservative-cfo-proposes-state-owned-public-bank/</span></a></p>
ZNet (unofficial)<p><a href="https://mastodon.social/tags/NewJersey" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NewJersey</span></a>'s Governor proposed a state-owned <a href="https://mastodon.social/tags/PublicBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBank</span></a> for social good. Despite obstacles, a Social Impact Investment Fund was established.</p><p>Other states like California and cities like Los Angeles and San Francisco are also moving towards <a href="https://mastodon.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a>. Philadelphia has passed a law for a municipal bank. Nationally, there's interest in a government-owned National Infrastructure Bank. North Dakota already has a successful public bank model.</p><p><a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>banking</span></a><br><a href="https://znetwork.org/znetarticle/public-banking-takes-a-step-forward-in-new-jersey/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">znetwork.org/znetarticle/publi</span><span class="invisible">c-banking-takes-a-step-forward-in-new-jersey/</span></a></p>
ZNet (unofficial)<p>New <a href="https://mastodon.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> video from US Solidarity <a href="https://mastodon.social/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> Network &amp; California Public Banking Alliance:</p><p>“We're excited to share a new video that will shape the future of your community and pave the way for economic prosperity. As passionate advocates in this ongoing journey, our latest explainer video shows the transformative potential of public banks and how they prioritize people over profits and drive <a href="https://mastodon.social/tags/community" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>community</span></a>-focused projects.”</p><p><a href="https://mastodon.social/tags/peopleoverprofit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>peopleoverprofit</span></a><br><a href="https://www.youtube.com/watch?v=HooU2qC4qxo" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=HooU2qC4qx</span><span class="invisible">o</span></a></p>
Bridge&Tunnel Jeff<p><span class="h-card" translate="no"><a href="https://tech.lgbt/@ngaylinn" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>ngaylinn</span></a></span> Maybe USPS banking is a solution - USPS leadership is fighting against it, which probably means it's a good idea.<br><a href="https://inequality.org/research/people-centered-postal-banking/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">inequality.org/research/people</span><span class="invisible">-centered-postal-banking/</span></a></p><p><a href="https://mas.to/tags/publicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicBanking</span></a> <a href="https://mas.to/tags/USPS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPS</span></a></p>
Public Bank East Bay<p>BIG NEWS– The Friends of Public Bank East Bay have:</p><p>• Hired a highly experienced &amp; committed start-up CEO, Scott Waite<br>• Confirmed two stellar co-chairs, Jennifer Esteen, R.N. and Paulina Gonzalez-Brito, to lead the slate of board candidates<br>• Raised our first million dollars, and are embarking on the second million</p><p>Read our full press release &amp; check out the videos from PBEB leadership on our website!<br><a href="http://www.PublicBankEastBay.org/recent-activity" rel="nofollow noopener" target="_blank"><span class="invisible">http://www.</span><span class="ellipsis">PublicBankEastBay.org/recent-a</span><span class="invisible">ctivity</span></a></p><p><a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a><br><a href="https://sfba.social/tags/JustTransitions" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JustTransitions</span></a><br><a href="https://sfba.social/tags/EastBayEconomics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EastBayEconomics</span></a></p>
Miguel Afonso Caetano<p><a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://tldr.nettime.org/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Banking</span></a> <a href="https://tldr.nettime.org/tags/Finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Finance</span></a> <a href="https://tldr.nettime.org/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a>: "By killing Omarova’s nomination out of fear of what she might do as comptroller, the banking sector may have inadvertently given space to her more radical proposals for overhauling our financial system. Earlier this year, in a New York Times op-ed, Omarova suggested the government take a “golden share” in systemically significant banks, giving it specific rights that would allow it to gain insight into operations, discipline bank management, intervene to propose or block certain actions, and generally help manage the risk financiers have assumed at great cost to the public.</p><p>The spectacle of the nomination fight, and the banking crisis in Silicon Valley earlier this year, have come at a time when people are searching for ideas about the public purpose of various institutions and economic activities. What role should finance play in building out public goods and services? What role should the public play in technological development? What sort of activities should be legal, illegal, heavily curtailed, or experimented with?</p><p>The new openness to industrial policy offers an opportunity to pursue bolder strategies to rid us of the parasites that dominate our political and economic system. A National Investment Authority that could lend or guarantee private debt, set up a public equity fund, pursue development goals with an infrastructure bank, and rescue institutional investors from the hunt for excessive returns would help starve the beasts that loom over Palo Alto, and the horde that profits from the destruction of our planet."</p><p><a href="https://www.dissentmagazine.org/article/saule-omarovas-plan-to-remake-the-financial-system/" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">dissentmagazine.org/article/sa</span><span class="invisible">ule-omarovas-plan-to-remake-the-financial-system/</span></a></p>
Caitlin Waddick<p>Is anyone at <a href="https://social.coop/tags/Socialism2023" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Socialism2023</span></a> in <a href="https://social.coop/tags/Chicago" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chicago</span></a>? The in-person speaker schedule looked great. I wasn’t as inspired by the virtual conference program, but I’ll take another look: it starts tomorrow. More <a href="https://social.coop/tags/socialists" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>socialists</span></a> are considering “non-reformist reforms”, such as <a href="https://social.coop/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> and <a href="https://social.coop/tags/ParticipatoryBudgeting" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ParticipatoryBudgeting</span></a> and even —gasp! — <a href="https://social.coop/tags/Cooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cooperatives</span></a>. Cheers to the <a href="https://social.coop/tags/SolidarityEconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SolidarityEconomy</span></a> and all the ways we can do <a href="https://social.coop/tags/PeopleCare" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PeopleCare</span></a> and <a href="https://social.coop/tags/FutureCare" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FutureCare</span></a> and <a href="https://social.coop/tags/EarthCare" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EarthCare</span></a>. <a href="https://social.coop/tags/Love" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Love</span></a> <a href="https://social.coop/tags/BoundlessRegenerativeCulture" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BoundlessRegenerativeCulture</span></a> <a href="https://social.coop/tags/permaculture" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>permaculture</span></a></p>
JeanEvergreen<p>Status of the <a href="https://montereybay.social/tags/publicbanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicbanking</span></a> initiative in Central California: <a href="https://peopleforpublicbanking.com/?link_id=1&amp;can_id=4af0487c90d6a14f2f793eed47e6c0dc&amp;source=email-momentum-builds-for-public-banking-in-california&amp;email_referrer=email_2028980&amp;email_subject=momentum-builds-for-public-banking-in-california" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">peopleforpublicbanking.com/?li</span><span class="invisible">nk_id=1&amp;can_id=4af0487c90d6a14f2f793eed47e6c0dc&amp;source=email-momentum-builds-for-public-banking-in-california&amp;email_referrer=email_2028980&amp;email_subject=momentum-builds-for-public-banking-in-california</span></a></p><p><a href="https://montereybay.social/tags/centralcalifornia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>centralcalifornia</span></a> <a href="https://montereybay.social/tags/santacruz" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>santacruz</span></a> <a href="https://montereybay.social/tags/watsonville" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>watsonville</span></a> <a href="https://montereybay.social/tags/monterey" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>monterey</span></a></p>
Dan Wentzel 🏳️‍🌈<p>California passed a public banking law. Los Angeles is finally about to get one to serve the public interest rather than corporate greed.<br><a href="https://urbanists.social/tags/LosAngeles" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LosAngeles</span></a> <a href="https://urbanists.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://urbanists.social/tags/Urbanism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Urbanism</span></a> <a href="https://urbanists.social/tags/Cities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cities</span></a><br><a href="https://www.latimes.com/california/story/2023-07-06/city-council-launches-process-in-creating-a-public-bank" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">latimes.com/california/story/2</span><span class="invisible">023-07-06/city-council-launches-process-in-creating-a-public-bank</span></a></p>
Public Bank East Bay<p><a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> Efforts Are Gaining Momentum And Clarity In <a href="https://sfba.social/tags/California" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>California</span></a><br><a href="https://nextcity.org/urbanist-news/public-banking-efforts-are-gaining-momentum-and-clarity-in-california" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">nextcity.org/urbanist-news/pub</span><span class="invisible">lic-banking-efforts-are-gaining-momentum-and-clarity-in-california</span></a></p>
Public Bank East Bay<p>Thanks to <a href="https://sfba.social/tags/berkeleyca" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>berkeleyca</span></a> for approving our viability study and moving forward with us! <a href="https://sfba.social/tags/publicbanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicbanking</span></a> <a href="https://sfba.social/tags/economicjustice" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economicjustice</span></a> <a href="https://sfba.social/tags/localmoney" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>localmoney</span></a> <a href="https://sfba.social/tags/banksafety" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>banksafety</span></a></p>
Public Bank East Bay<p>The collapse of <a href="https://sfba.social/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SiliconValleyBank</span></a> left low-income communities without billions in promised lending, despite the federal bailout that benefited the bank's wealthy depositors and new owner.</p><p>We need <a href="https://sfba.social/tags/PublicBanksNow" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanksNow</span></a></p><p><a href="https://sfba.social/tags/BankingCrisis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankingCrisis</span></a> <a href="https://sfba.social/tags/PublicBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanks</span></a> <br><a href="https://sfba.social/tags/PublicBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBank</span></a> <a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://sfba.social/tags/SVB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVB</span></a> <a href="https://sfba.social/tags/SignatureBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SignatureBank</span></a> <br><a href="https://www.levernews.com/regulators-stiffed-low-income-communities-in-silicon-valley-bank-bailout/" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">levernews.com/regulators-stiff</span><span class="invisible">ed-low-income-communities-in-silicon-valley-bank-bailout/</span></a></p>
Public Bank East Bay<p>From @NextCityOrg :<br>Lifting or eliminating the cap on FDIC insurance for banks could be part of the response to the current <a href="https://sfba.social/tags/BankingCrisis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankingCrisis</span></a>. Here’s what it could mean for local, community and <a href="https://sfba.social/tags/PublicBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanks</span></a> .<br><a href="https://sfba.social/tags/PublicBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBank</span></a> <a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a><br><a href="https://nextcity.org/urbanist-news/removing-the-federal-deposit-insurance-cap-could-transform-local-public-ban" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">nextcity.org/urbanist-news/rem</span><span class="invisible">oving-the-federal-deposit-insurance-cap-could-transform-local-public-ban</span></a></p>
Public Bank East Bay<p>Build Public Banks as Response to SVB &amp; Signature Bank Failures, by @nathansnewman <br><a href="https://sfba.social/tags/PublicBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBank</span></a> <a href="https://sfba.social/tags/PublicBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicBanking</span></a> <a href="https://sfba.social/tags/SVB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVB</span></a> <a href="https://sfba.social/tags/SVBcrash" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVBcrash</span></a> <a href="https://sfba.social/tags/SVBcollapse" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVBcollapse</span></a> <a href="https://sfba.social/tags/SVBBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVBBank</span></a> <a href="https://sfba.social/tags/SVBfail" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SVBfail</span></a><br><a href="https://open.substack.com/pub/nathannewman/p/build-public-banks-as-response-to?utm_campaign=post&amp;utm_medium=web" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">open.substack.com/pub/nathanne</span><span class="invisible">wman/p/build-public-banks-as-response-to?utm_campaign=post&amp;utm_medium=web</span></a></p>