News

FEATURED PRESS

  1. Reps. Tlaib and AOC Introduce the Public Banking Act of 2023
  2. Los Angeles Times – After years of ups and downs, Los Angeles moves forward on creation of a public bank
  3. Next City – Public Banking Efforts Are Gaining Momentum And Clarity In California
  4. Truthout – The SVB and Signature Bank Crashes Show Why We Need Public Banking
  5. SEIU CA – Governor Newsom Signs First in the Nation Legislation on Universal Access to Free Banking Services
  6. Los Angeles Times – Free Banking in California? New Bill Tackles Access and Racial Equity
  7. ABC 7 News – Los Angeles Could be 1st Major U.S. City to Get a Public Bank
  8. KCET – Los Angeles Unanimously Supports Statewide Public Banking Option
  9. The Real News Network – California Legalizes Public Banking
  10. RT – How Public Banking is a Revolution
  11. Democracy at Work with Richard Wolff – Public Service v. Private Profit
  12. Los Angeles Times – Why Los Angeles Should Start a Bank
  13. Bloomberg – Los Angeles Weighs Bringing Its Wall Street Cash Home
  14. Huffington Post – What If Banks Were Publicly Owned? In LA, This May Soon Be A Reality
  15. ABC 7 News – Measure B Would Allow Los Angeles to Create a Public Bank

Visit California Public Banking Alliance for additional coverage and news from the public banking movement.

NEWS ARTICLES

PBLA980

PUBLIC BANKING MOVEMENT GAINS MOMENTUM IN CALIFORNIA

PEOPLE’S WORLD, KEN BANKS — The last few years have seen significant momentum towards the goal of making public, people-owned banks a reality in many parts of the country. This is especially true in California.  In 2019 the governor of California signed a bill allowing counties and municipalities...
Read More
Screen Shot 2024-01-17 at 2.33

A BANKER'S CASE FOR PUBLIC BANKING

NONPROFIT QUARTERLY – Today, more public banks are being launched and planned. For example, Public Bank Los Angeles (PBLA) was established as a socially and environmentally responsible municipal bank for the City of Los Angeles. PBLA also helped pass AB 1177, the California Public Banking Option...
Read More
Screen Shot 2023-12-18 at 11.20

TLAIB, OCASIO-CORTEZ INTRODUCE PUBLIC BANKING ACT

Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez introduced the Public Banking Act of 2023! Thanks to all of our coalition partners across the country who helped craft this transformative bill! For too long, Wall Street has failed to meet the moment, pursuing profits over people’s needs. This...
Read More
397988849_680587690835177_6520599255073674947_n

PUBLIC BANK LA COALITION LAUNCH & POLICY BRIEFINGS - FALL 2023 NEWSLETTER

Public Bank LA joined forces to launch the FIX LA Coalition, a powerful alliance that unites key labor and community leaders. Together, our vision is clear: Los Angeles should lead the nation as an affordable, tenant-friendly city. The FIX LA Alliance stands as a united front advocating for investment...
Read More
Sample-Portfolio-Allocation-Simulator-Example

LA FORWARD INSTITUTE PROGRESS REPORT

PROGRESS REPORT LA is one step closer to creating a public bank as the council voted to allocate $460,000 to a feasibility study — thanks in part to a landmark report which brought the possibilities of municipal banking to life. After a local ballot measure failed in 2018 that would...
Read More
PBLA980
PUBLIC BANKING MOVEMENT GAINS MOMENTUM IN CALIFORNIA
PEOPLE’S WORLD, KEN BANKS — The last few years have seen significant momentum towards the goal of making public, people-owned banks a reality in many parts of the country. This is especially true in California.  In 2019 the governor of California signed a bill allowing counties and municipalities...
Read More
Screen Shot 2024-01-17 at 2.33
A BANKER'S CASE FOR PUBLIC BANKING
NONPROFIT QUARTERLY – Today, more public banks are being launched and planned. For example, Public Bank Los Angeles (PBLA) was established as a socially and environmentally responsible municipal bank for the City of Los Angeles. PBLA also helped pass AB 1177, the California Public Banking Option...
Read More
Screen Shot 2023-12-18 at 11.20
TLAIB, OCASIO-CORTEZ INTRODUCE PUBLIC BANKING ACT
Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez introduced the Public Banking Act of 2023! Thanks to all of our coalition partners across the country who helped craft this transformative bill! For too long, Wall Street has failed to meet the moment, pursuing profits over people’s needs. This...
Read More
397988849_680587690835177_6520599255073674947_n
PUBLIC BANK LA COALITION LAUNCH & POLICY BRIEFINGS - FALL 2023 NEWSLETTER
Public Bank LA joined forces to launch the FIX LA Coalition, a powerful alliance that unites key labor and community leaders. Together, our vision is clear: Los Angeles should lead the nation as an affordable, tenant-friendly city. The FIX LA Alliance stands as a united front advocating for investment...
Read More
Sample-Portfolio-Allocation-Simulator-Example
LA FORWARD INSTITUTE PROGRESS REPORT
PROGRESS REPORT LA is one step closer to creating a public bank as the council voted to allocate $460,000 to a feasibility study — thanks in part to a landmark report which brought the possibilities of municipal banking to life. After a local ballot measure failed in 2018 that would...
Read More
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