public banking
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Gotham Gazette: A ‘Green New Deal’ for New York and More: Where the Climate Change Conversation is Headed in 2019
Gotham Gazette — After an election where the issue saw little mainstream political attention, climate change and what to do about it has come roaring back to the forefront of the New York political scene.
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Nonprofit Quarterly: The Pressure on NY’s Designated Banks: Get Our Money Out of Climate-Hostile Businesses!
Nonprofit Quarterly — It’s time to walk the talk on climate change. That’s the message activists communicated this week when they rallied outside New York City Hall on the fourth UN-backed Annual Climate Finance Day to demand that New York divest from its designated banks, which invest heavily in the fossil fuel industry, and create…
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Gothamist: As De Blasio Touts Climate Change Divestment, NYC’s ‘Designated Banks’ Continue To Invest In Fossil Fuels
Gothamist — In September, months after declaring the city’s intention to divest its pension fund from fossil fuels and “sue Big Oil,” Mayor Bill de Blasio published an op-ed in the Guardian touting New York City’s effort to tackle climate change through sustainable financial policies. Alongside London Mayor Sadiq Khan, he announced the launch of a new global initiative,…
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Environmental & Community Groups Call on NYC to Divest from Banks that Fuel Climate Change and Establish a Public Bank
As global leaders assemble for the United Nations-backed 4th Annual Climate Finance Day, New Yorkers, including representatives of environmental, community and student groups, rallied at City Hall and called on NYC to divest public money from banks that fuel climate change and to establish a municipal public bank to help fund the transition to a…
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Next System Project Podcast: The Campaign for Public Banks, From Coast to Coast
Next System Project Podcast — This week on the Next System Podcast David Jette from Public Bank LA and Juleon Robinson from the New Economy Project, a member of Public Bank NYC, a broad-based coalition of community, worker rights, economic justice, and environmental groups to sit down to discuss the transformative potential of public banks.
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Testimony on Behalf of the Public Bank NYC Coalition Before the 2019 NYC Charter Revision Commission
I’m pleased to present testimony on behalf of Public Bank NYC, a broad-based coalition New Economy project co-founded and coordinates. Public Bank NYC is made up of community, civil rights, environmental, and economic justice groups fighting for the creation of a municipal public bank – chartered to serve the public interest, accountable to New Yorkers,…
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Mott Haven Herald: Community Groups Call for Creation of a ‘Public Bank’
Mott Haven Herald — Activists from citywide community organizations gathered in front of the New York Stock Exchange on June 6 to press the city to divest from Wall Street banks and instead create an alternative banking system that would allow communities to control their investments.
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The Laura Flanders Show: A Public Bank for Public Good!
The Laura Flanders Show — Our Co-Director Deyanira Del Rio joins other members of the PublicBankNYC coalition to discuss the momentum for a public bank in NYC and the public launch of the campaign.
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The Progressive: A Movement for Public Banking Gains Momentum
The Progressive — The other day in front of the New York Stock Exchange, a diverse group of demonstrators held colorful signs and chanted, “Hey, hey! Ho, ho! Wall Street banks have got to go!” The rally on June 5 was reminiscent of the Occupy Movement seven years ago—a microcosm of organized, strategic social and…
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Next City: Movement to Get Public Money Out of Wall Street Comes to Wall Street
Next City — Winsome Pindergrass wants a better chance at securing financing to buy a home. At a June 5 rally in front of the New York Stock Exchange, the 59-year-old Brooklyn resident talked about how three-quarters of her monthly income goes to her $2,200-a-month rent, which has nearly doubled since 2010. She’s watched her…