A Wall Street rally for public banking (photo: @PublicBankNYC)
In recent memory public banking was an idea that belonged either to a distant utopian future or a distant populist past. But today, not only is public banking on the agenda of major New York politicians, but competing visions of public banking are on offer.
The coalition Public Bank NYC (PBNYC) is running a grassroots effort to create a public bank for New York City, while mayoral candidate Andrew Yang proposes to initiate public banking through the mayor’s executive authority. Despite
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