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Reposted by Trinity Tran

Public Bank LA @publicbankla.bsky.social · Sep 9

Los Angeles City Council President Harris-Dawson joined six colleagues to fund LA’s Public Bank Plan.👏 We need real solutions on the table to cut borrowing costs & Wall St fees; invest in affordable housing. Let’s put millions back to work for LA communities. 🏦♻️🏡

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Sylvia Chi 齊思涵 @sylviachi.bsky.social · Sep 6

This comes one day after massive disruptions to BART, including a 4-hour systemwide shutdown. A state public bank that's not solely controlled by the Governor's office sounds like a pretty good idea around now.

capublicbanking.com/california-n...

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California Public Banking Alliance @capublicbanking.bsky.social · Sep 2

🚨 California Needs a State Public Bank!

Federal cuts are slashing housing, climate & small biz programs. Nearly 40M Californians impacted! A State Bank keeps our money working in CA, lowering costs, protecting funds & expanding credit. Read our latest: bit.ly/CApublicbank

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Public Bank LA @publicbankla.bsky.social · Aug 20

Coalition leaders @acceaction.bsky.social & allies at City Hall urging Councilmembers Yaroslavsky & Padilla: agendize the public bank motion and direct CAO to close the funding gap. Every week of delay is capital our communities don’t see--keep LA dollars here for housing, small biz, clean energy.

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California Public Banking Alliance @capublicbanking.bsky.social · Jul 14

New brief out now! “Public Banking in California: Learning from the Bank of North Dakota” breaks down how a century-old public bank helped ND support small biz, housing & weather economic downturns... and what CA can do better.

Read: poverty.umich.edu/publications...

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Public Bank LA @publicbankla.bsky.social · Jul 8

Should LA start a public bank? Councilmember Eunisses Hernandez says yes & we agree! A public bank means local control, no new taxes, and real investment in housing, small biz & green jobs. It's time our money worked for Angelenos, not Wall Street shareholders.

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Public Bank LA @publicbankla.bsky.social · Jul 7

Backed by four council offices, the public bank plan will explore how the city can cut Wall Street fees, lower borrowing costs & invest in community needs. With $1.4B in annual debt costs, it's time!
labusinessjournal.com/finance/lead...

Leaders Take Another Stab at Public Banking - Los Angeles Business Journal

Four Los Angeles City Council members took a critical step to bolster the campaign to develop the city’s first public bank. Councilman Curren Price Jr., a

labusinessjournal.com

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Trinity Tran @trinitytran.bsky.social · Jul 3

California just approved $1M in funding to keep #CalAccount moving forward, bringing no-fee, state-backed accounts to millions sidelined by the financial system! No overdraft fees or junk charges. Just real access for working families.

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Sylvia Chi 齊思涵 @sylviachi.bsky.social · Jul 3

Today we took another step towards implementing a fee-free public option for basic financial transactions for all Californians!

California Public Banking Alliance @capublicbanking.bsky.social · Jul 2

🚨BREAKING: California State Budget includes $1M for CalAccount! The Legislature will move forward with implementing a first-in-the-nation fee-free public banking option for millions of unbanked & underbanked Californians.

seiuca.org/press-releas...

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California Public Banking Alliance @capublicbanking.bsky.social · Jul 2

🚨BREAKING: California State Budget includes $1M for CalAccount! The Legislature will move forward with implementing a first-in-the-nation fee-free public banking option for millions of unbanked & underbanked Californians.

seiuca.org/press-releas...

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Institute on Race, Power and Political Economy @racepowerpolicy.org · Jun 12

Join us to explore new research at the intersection of the #PublicBanking and #GuaranteedIncome movements—with Rep. Rashida Tlaib, @terrifriedline.bsky.social, @amycastro.bsky.social, @trinitytran.bsky.social, @grahamsteele.bsky.social & @darrickhamilton.bsky.social.

RSVP: bit.ly/PublicBankingandGI

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California Public Banking Alliance @capublicbanking.bsky.social · Jun 9

At @demosorg.bsky.social D.C. convening, CPBA’s @trinitytran.bsky.social & @sylviachi.bsky.social shared wins + what’s next for CA’s public banking movement. New report shows how public banks can move money from Wall Street & leverage public resources at scale. Read: www.demos.org/sites/defaul...

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California Fast Food Workers Union @cafastfoodunion.org · Jun 9

This is the spirit of Los Angeles.

This is California.

Don't let anyone tell you otherwise.

#FreeDavidEndRaids

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Ryan Barr @artbyrbarr.bsky.social · Jun 9

Thinking of Greta Thunberg (and co) and those being attacked by ICE in LA. Lot of horrible stuff going on right now but also A LOT of people standing up for what's right.

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Christopher Webb @cwebbonline.com · Jun 7

ICE raids hit across Los Angeles today—and locals are rising up. This is what resistance looks like. ✊🏾

This was about an hour ago…

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Institute on Race, Power and Political Economy @racepowerpolicy.org · Jun 5

Join us on June 17 at 2PM ET to explore how #PublicBanks can power #GuaranteedIncome and a just economy!

Feat. Rep. Rashida Tlaib, @terrifriedline.bsky.social, @amycastro.bsky.social, @trinitytran.bsky.social, @grahamsteele.bsky.social & @darrickhamilton.bsky.social

RSVP: bit.ly/PublicBankingandGI

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Trinity Tran @trinitytran.bsky.social · Jun 2

Had the honor of speaking at LA City Hall with Councilmembers
Eunisses Hernandez, Hugo Soto-Martinez, and Ysabel Jurado, as they committed their own funds to launch LA’s Public Bank plan. Institutional change takes time, persistence & collective will, but it’s happening.🏦✨ @publicbankla.bsky.social

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Mike McCarthy @itsmccarthy.bsky.social · Jun 2

Democratic finance isn’t an unrealistic idea disconnected from what working people fight for and want. It’s something currently being made by working-class coalitions in places like LA. Keep it moving @publicbankla.bsky.social!

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Public Bank LA @publicbankla.bsky.social · May 31

It's time for a public bank to recapture interest & fees paid to Wall Street and reinvest in our cities. We're on our way to creating the People's Bank of LA. Let's GO! 🔥

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Public Bank LA @publicbankla.bsky.social · May 31

The coalition & allies backed our city leaders as they took action using their own discretionary funds for the Public Bank plan. Given that LA faces severe budget deficits year after year, this moment couldn’t be more urgent. It's time to save public dollars. 🏦✨

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California Public Banking Alliance @capublicbanking.bsky.social · Apr 24

A second win for CalAccount! Too many Californians are unbanked or hit with fees just to access their own money. Today’s Assembly Labor Committee vote brings us closer to making #CalAccount real—a no-fee, no-penalty public banking option that levels the playing field.

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Sylvia Chi 齊思涵 @sylviachi.bsky.social · Apr 23

CalAccount, a public option for basic financial transactions accounts, cleared our first committee yesterday!

While the Trump-Musk regime are dissembling federal financial regulators and rolling back CFPB rules, we can make our financial infrastructure more resilient in California.

California Public Banking Alliance @capublicbanking.bsky.social · Apr 22

Big win today! AB 1365 passed the Assembly Banking Committee, bringing us closer to #CalAccount, a no-cost, penalty-free bank account for all Californians. With 1 in 6 households unbanked or underbanked, this is a major step toward financial justice.

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California Public Banking Alliance @capublicbanking.bsky.social · Apr 22

Big win today! AB 1365 passed the Assembly Banking Committee, bringing us closer to #CalAccount, a no-cost, penalty-free bank account for all Californians. With 1 in 6 households unbanked or underbanked, this is a major step toward financial justice.

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California Fast Food Workers Union @cafastfoodunion.org · Apr 22

Today Sandra testified that CalAccount will provide Californians like her with access to a no-cost, penalty-free bank account.

#AB1365 #YesOnAB1365 #caleg

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