In November 2019, Gov. Phil Murphy signed Executive Order No. 91 creating a Public Bank Implementation Board. The group was tasked with developing a plan for a public bank within one year. Since then, ...

HOLLYWOOD (KABC) -- Los Angeles might be the first major metropolitan city to create a public bank. A public bank would be owned and operated by the city. According to city councilmembers, it aims to ...

The proposal would go to voters, but would not provide a revenue stream to fund the bank. How to fund the bank could be the ...

Amid the recent implosions of Silicon Valley Bank and Signature Bank, advocacy groups have continued to push for what they call a safer alternative to the private sector: banking services provided by ...

There is only one public bank in the United States, and a group in Rochester, N.Y., is trying to change that. The Indicator from Planet Money explores the challenges of public banking in the U.S.

The Los Angeles Office of the Treasurer manages billions in a general investment pool. With stakes primarily in the U.S. Treasury and multinational corporations, the bureaucratic office’s website ...

PUBLIC banks have an excellent track record in helping states and cities finance infrastructure, among other public services. In his Jan. 1 guest column, Michael Waite overlooks this fact, failing to ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. After coming into office in 2016, the first bill Philadelphia ...