Posts Tagged: municipal

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Public banking movement gaining traction in California

Historical building of Wells Fargo in San Francisco's financial district. Photo: Takako Hatayama-Phillips, via Shutterstock)

San Francisco has taken its first major step toward establishing a public bank, and other California municipalities are also moving forward in exploring public banking, including a regional effort by cities and counties on the Central Coast. The California statute reportedly is adding fuel to a nationwide public banking effort.

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