Tlaib, Ocasio-Cortez Introduce Legislation Enabling Creation of Public Banks

by Public Bank LA
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Congresswomen Rashida Tlaib (MI-13) and Alexandria Ocasio-Cortez (NY-14) introduced the historic Public Banking Act, which allows for the creation of state and locally administered public banks by establishing the Public Bank Grant program administered by the Secretary of the Treasury and the Federal Reserve Board which would provide grants for the formation, chartering and capitalization of public banks.

David Jette of Public Bank LA and CPBA states in the press release, "“We cannot face the crises of our day with the financial infrastructure that led us to those same crises. We need accountable, publicly chartered banks that invest in the well being of the many, not the few. This bill gets us there, and not a moment too soon.”

Read Congresswomen Tlaib's press release on the Public Banking Act:

Trinity Tran of Public Bank Los Angeles

by Public Bank LA
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Voyage Magazine talks to Trinity Tran about the evolution from Revolution LA to Divest LA to Public Bank LA to the California Public Banking Allianceeach movement building on its predecessor. A peek into our battle-tested campaigns: part public policy think tank, part political strategists, part community organizers.

Read on Voyage LA.

How Public Banking Is A Revolution

by Public Bank LA
in News
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Lee Camp talks with Trinity Tran on grassroots movement building and effective tactics that lead to California's historic win against powerful corporate lobbyists-- from moving the public banking concept further into the political mainstream, creating a public lobbying force to combat Wall Street lobbyists to next steps for the national movement.

Lend your skills and talents to put an end to Wall Street greed and join the historic efforts to create the Public Bank of Los Angeles and the first municipal public bank in the nation! 

Fill out our Organizer Form.