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.
The dry bed of Ivanpah Lake in San Barnardino County, which had been filled by the 2004-05 rains. (Photo: Ed Berlen)
Field Poll: By a nearly three-to-one margin (65% to 23%) Californians support Governor Jerry Brown’s call to require urban water districts to reduce their water use by an average of 25% statewide. Support for the Governor’s plan is broad-based and bipartisan, and spans all major subgroups of the state’s adult population.