2019-09-04 11:43:28

Could California Approve Public Banking?



GUESTS: Trinity Tran, Lead Organizer at California Public Banking Alliance.


BACKGROUND: A local measure in Los Angeles, California, last year to establish a public banking system failed. But organizers did not give up and instead set their sights even higher.

A bill, AB 857, introduced by Assemblyman David Chiu to allow municipalities in California to establish their own public banking system.

The bill has now gained steam and is working its way through various committees.

Based on the idea that public money should be held in public institutions rather than private Wall Street banks, organizers are more hopeful than ever for a public banking system to become a reality.

AB 857 california California Public Banking Alliance David Chiu Free Speech TV Public Banking System Rising Up with Sonali Sonali Kolhatkar Trinity Tran Wall Street Wall Street Banks

Economy

Rising Up With Sonali

Undoing the Racial Wealth Gap

Undoing the Racial Wealth Gap

The Randi Rhodes' Show

Mass Shooting in Buffalo, NY

Mass Shooting in Buffalo, NY

Rising Up With Sonali

Climate Restoration: The Only Future That Will Sustain the Human Race

Climate Restoration: The Only Future That Will Sustain the Human Race

The Randi Rhodes' Show

Mississippi's Governor Called out

Mississippi's Governor Called out

Related

The Randi Rhodes' Show

Five Dollar Friday

Five Dollar Friday

Rising Up With Sonali

Trump’s Criminality is Apparent. So Why No Charges?

Trump’s Criminality is Apparent. So Why No Charges?

FSTV Speaks

FSTV Speaks: Investing in the Planet

FSTV Speaks: Investing in the Planet

Rising Up With Sonali

Can We “Agree to Disagree” in Order to Save Our Democracy?

Can We “Agree to Disagree” in Order to Save Our Democracy?

Proud Partners