Public Bank NYC @PublicBankNYC
A broad-based coalition calling on NYC to divest from Wall Street and establish a public bank, as part of a broader vision for economic and racial justice. publicbanknyc.org New York, NY Joined May 2018-
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Awesome event at @BrooklynCoopFCU! Members delved into the credit union’s local investments and the power of public banking to turbocharge community finance and strengthen the cooperative landscape in NYC! 💥
New industries can only get private money on very uneven terms. If NY wanted to support cannabis, it didn’t need to loop in PE — $50M/15% is a terrible deal for taxpayers. @PublicBankNYC is already on it, but worth noting that a public bank would have been immensely helpful here.
New industries can only get private money on very uneven terms. If NY wanted to support cannabis, it didn’t need to loop in PE — $50M/15% is a terrible deal for taxpayers. @PublicBankNYC is already on it, but worth noting that a public bank would have been immensely helpful here.
As ever, Albany leaders chase one-sided public-private partnerships, favoring private equity over social equity. It's time to advance public banking—no profit motives, just real support for entrepreneurs and worker-owned businesses. Pass the New York Public Banking Act!
As ever, Albany leaders chase one-sided public-private partnerships, favoring private equity over social equity. It's time to advance public banking—no profit motives, just real support for entrepreneurs and worker-owned businesses. Pass the New York Public Banking Act!
So, you paid your taxes. Your local taxes are now being deposited in for-profit megabanks. The megabanks are investing in fossil fuels & predatory landlords. You wish you'd had a say. Wish this was a real democracy. It can be. Come to Albany & fight for public banks! ⬇️
So great to share a meal and a chat with the amazing @PublicBankNYC Thanks for the invite! The future is #publicbanks! @public_banking @NewEconomyNYC @McMasterU @McMasterSocSci
So great to share a meal and a chat with the amazing @PublicBankNYC Thanks for the invite! The future is #publicbanks! @public_banking @NewEconomyNYC @McMasterU @McMasterSocSci
We were thrilled to host public banking expert @Thomas_Marois for a luncheon with @PublicBankNYC & @EquityAgendaNY. Advocates from Buffalo➡️Long Island gathered to ask questions & share insights on building democratic public banks. Let's go! Pass the NY Public Banking Act now!
👇Big Announcement 👇 Fulbright Canada Research Chair in Public Banking, McMaster University Open to US scholars studying #publicbanks Will work closely with the Public Banking Project @ McMaster Deadline Sept 2024. Reach out to me if interested. socialsciences.mcmaster.ca/research/resea…
A study found women & people of color make up a growing share of new business owners, but that disparities in access to funding persist. Let's build an economy that works for all, one where #publicbanks & #CDFIs work with worker-owners to build wealth in redlined communities.
We're thrilled to welcome @weact4ej to our coalition! For almost 40 yrs, this renowned, member-led organization has mobilized low-income people of color to win environmental policies that protect community health. Let's create a public bank that invests in #environmentaljustice
We're thrilled to welcome @weact4ej to our coalition! For almost 40 yrs, this renowned, member-led organization has mobilized low-income people of color to win environmental policies that protect community health. Let's create a public bank that invests in #environmentaljustice
Join coalition members @BrooklynCoopFCU and @NewEconomyNYC for this "Banking for Justice" community teach-in. Come learn how public banking and credit unions can unlock equitable investments in redlined communities, and how you can join the fight! RSVP: tinyurl.com/bkcoop425
We can't solve the housing crisis in dribs and drabs. @CenterNYC found that a NYC public bank would add 18K units of affordable housing—in just its first 5 years Not through costly bonds but by leveraging untapped resources in the form of public deposits brooklyn.news12.com/gov-hochul-bro…
To my #READERSareLEADERS #MOVEMENT Big shout-out to @NewEconomyNYC & @PublicBankNYC their efforts to bring Public Banking to NY were mentioned in this book. #IAM #PUBLICBANKING #ADVOCATE
Since too-big-to-fail-banks crashed our economy in 2008, they've only gotten bigger. More than ever, we need public banks that will partner with mission-driven CDFIs to responsibly serve communities of color. NY must pass the NY Public Banking Act! subscriber.politicopro.com/f/?id=0000018e…
THIS WED., 3/20, join Jerry Epstein, Lisa Donner, John Cavanagh for a discussion on finance reform and Epstein's book, "Busting the Bankers' Club." In-person and virtual. Register: ips-dc.org/events/busting… Host: @IPS_DC, co-sponsors: @Public_Citizen @BetterMarkets @RealBankReform
NYC puts billions of public dollars in banks that are fueling the climate crisis A public bank would invest in community-controlled solar & other sustainable infrastructure in frontline communities @AndreaSCousins @CarlHeastie pass the New York Public Banking Act (S1754/A3352)!
NYC needs to get its public deposits out of Chase and into a public bank accountable to the people of our city, ASAP. @CarlHeastie @AndreaSCousins, pass the New York Public Banking Act! ideastream.org/2024-03-09/jpm…
820%. Wow. Meanwhile, @TheNewSchool found a public bank would, in 5 years, generate $5.8 billion in loans to Black & brown neighborhoods and businesses by partnering with community credit unions. @CarlHeastie @AndreaSCousins, we need a public bank!
820%. Wow. Meanwhile, @TheNewSchool found a public bank would, in 5 years, generate $5.8 billion in loans to Black & brown neighborhoods and businesses by partnering with community credit unions. @CarlHeastie @AndreaSCousins, we need a public bank!
Thank you @JabariBrisport for asking the tough questions at last week's New York Senate hearing on bank disparities. Hear one of his questions & read how our coalition would answer⏬ @CarlHeastie @AndreaSCousins, we need a #publicbank. Pass the New York Public Banking Act!
Now imagine all the money our government deposits in banks. Our study found NYC's deposits & investments in banks annually generates emissions equivalent to adding 160,000 cars to city streets ☠️ We need a public bank! @CarlHeastie @AndreaSCousins pass the NY Public Banking Act!
Now imagine all the money our government deposits in banks. Our study found NYC's deposits & investments in banks annually generates emissions equivalent to adding 160,000 cars to city streets ☠️ We need a public bank! @CarlHeastie @AndreaSCousins pass the NY Public Banking Act!
We second that, @JabariBrisport. And the solution is ready and waiting: the New York Public Banking Act would create a safe and appropriate regulatory framework for New York cities, counties, and regions seeking to establish public banks. More info here: publicbanknyc.org/about
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New industries can only get private money on very uneven terms. If NY wanted to support cannabis, it didn’t need to loop in PE — $50M/15% is a terrible deal for taxpayers. @PublicBankNYC is already on it, but worth noting that a public bank would have been immensely helpful here.
New York promised people affected by the war on drugs a shot at security through legal cannabis. Instead, they were set up to fail in a private equity deal that privatized profits and socialized losses. Stunning details obtained by @RosalindZAdams thecity.nyc/2024/04/24/can…
So great to share a meal and a chat with the amazing @PublicBankNYC Thanks for the invite! The future is #publicbanks! @public_banking @NewEconomyNYC @McMasterU @McMasterSocSci
We were thrilled to host public banking expert @Thomas_Marois for a luncheon with @PublicBankNYC & @EquityAgendaNY. Advocates from Buffalo➡️Long Island gathered to ask questions & share insights on building democratic public banks. Let's go! Pass the NY Public Banking Act now!
👇Big Announcement 👇 Fulbright Canada Research Chair in Public Banking, McMaster University Open to US scholars studying #publicbanks Will work closely with the Public Banking Project @ McMaster Deadline Sept 2024. Reach out to me if interested. socialsciences.mcmaster.ca/research/resea…
To my #READERSareLEADERS #MOVEMENT Big shout-out to @NewEconomyNYC & @PublicBankNYC their efforts to bring Public Banking to NY were mentioned in this book. #IAM #PUBLICBANKING #ADVOCATE
After eight years of work, Arise Community Credit Union just secured Minnesota's first state charter in over two decades. nextcity.org/urbanist-news/…
THIS WED., 3/20, join Jerry Epstein, Lisa Donner, John Cavanagh for a discussion on finance reform and Epstein's book, "Busting the Bankers' Club." In-person and virtual. Register: ips-dc.org/events/busting… Host: @IPS_DC, co-sponsors: @Public_Citizen @BetterMarkets @RealBankReform
Now imagine all the money our government deposits in banks. Our study found NYC's deposits & investments in banks annually generates emissions equivalent to adding 160,000 cars to city streets ☠️ We need a public bank! @CarlHeastie @AndreaSCousins pass the NY Public Banking Act!
Banks use your deposits to make loans to carbon-intensive industries. A new analysis finds that $1,000 in your account creates emissions equal to a flight from NYC to Seattle. wired.trib.al/qW8scLG
@PublicBankNYC @Jeffrey_Hannon Public banks. Tenant rights. Stop the greed.
#ClubBusters for the win :)
Gerald Epstein of @PERIatUMass has got the goods on Wall Street "Any meaningful reform will require breaking up this club of politicians, economists, lawyers & CEOs who sustain the status quo" We're proud to be listed among the "thousands of activists...working to do just that"
NOW: The NYS Senate is holding a public hearing to "Explore Banking Disparities in New York's Banking Industry." Will Albany answer the call for public banking and other bold solutions, or stick with the unjust status quo? WATCH: nysenate.gov/calendar/publi…
Shout out to @PamelaHunter128 for championing public banking in the NYS Assembly! "Public banking is a mechanism that would allow municipalities to help create economic vitality for communities that have been locked out of financing." spectrumlocalnews.com/nys/central-ny…
.@JSandersNYC is right -- when the Titanic is sinking, we can't accept just rearranging the chairs on the deck. We need "hard-hitting out of the box solutions" to banking inequality and he's right to encourage @NYDFS to come up with some. Here's a start: NY Public Banking Act!
Our Tousif spoke to @TheVillageSun about how our city's practice of putting public funds in for-profit banks makes us complicit in landlord abuse &predation. Public funds, he said, should go “into a public bank that’s chartered by law to prioritize tenants & people over profit."
Bad landlords are a bad investment. Fighting for tenants' rights means taking it to the streets, to the courts—and to the bank. We need banks to refuse to loan to the worst landlords, like Sonny Tran. We’re shutting down the #WorstLandlordsNYC, and banks should shut them out.
Tenants had to go to the banks that own their buildings to demand accountability for mold, rats, roaches, lead, and other terrible conditions! They wrote asking for help and got no replies! @housing4allNY @nycpa @HousingConCoord @PublicBankNYC @RudeMechanicalO @DimeBank
Tenants today spoke out against mold roaches rats and lead in their homes! Shame on @DimeBank & Modern Bank & landlord Sonny Tran! It’s tenant week of power and tenants showed up!
We marched against @DimeBank & Modern Bank for poor conditions in Sonny Tran buildings today! 100s of violations! @housing4allNY @HousingConCoord @nycpa @PublicBankNYC
Which banks gouge us the most with egregious interest rates? The big ones, a @CFPB report finds. NYC what are we waiting for? Let's put city funds in a #publicbank that works with community-based credit unions to provide affordable services in communities of color. #defendcfpb
We need to decommodify housing, and there's a clear way: Pass the #CommunityLandAct & #TOPA. Supercharge the already surging #communitylandtrust movement! Read more here: nyccli.org/campaigns/ And take action: neweconomynyc.ourpowerbase.net/civicrm/petiti…
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