Tag Archives: public bank

San Francisco moves ahead with plan for public bank

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San Francisco moves ahead with plan for public bank

By Alyce McFadden, Staff Writer May 19, 2026 (SFChronicle.com) Gift Article Supervisor Chyanne Chen will introduce a charter amendment at the Board of Supervisors meeting that would establish a municipal financial corporation, a precursor institution to a public bank. Manuel Orbegozo/For the S.F. Chronicle San Francisco is taking a step toward opening… Continue reading →

The Public Bank That Wasn’t: New Jersey’s Excursion into Public Banking

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Posted on March 9, 2024 by Ellen Brown (ellenbrown.com) In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor. He regularly championed public banking in speeches, town halls and campaign commercials. He won the race, and the… Continue reading →