Discover and read the best of Twitter Threads about #publicbankla

Most recents (1)

BREAKING! Back-to-back wins in CA & LA. Los Angeles City Council unanimously approves motion authorizing public bank action plan, the 1st municipal bank in the US. #PublicBankLA will reinvest profits in the public interest, putting the power of capital in the hands of the people.
Public banks are lending and depository institutions owned and managed by a local government in the public interest. They leverage public funds to create credit that serves the public, from infrastructure projects to small business loans, social housing, green projects, and more.
The LA public bank will keep capital local by investing in community enterprises and public projects. By increasing the availability of productive capital, public banks give cities access to more funding,empowering citizens to transform their local economies for the greater good.
Read 7 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!