{"id":44447,"date":"2025-10-08T13:15:00","date_gmt":"2025-10-08T20:15:00","guid":{"rendered":"https:\/\/occupysf.net\/?p=44447"},"modified":"2025-10-08T13:15:05","modified_gmt":"2025-10-08T20:15:05","slug":"new-poll-shows-resounding-support-for-public-bank-in-san-francisco","status":"publish","type":"post","link":"https:\/\/occupysf.net\/index.php\/2025\/10\/08\/new-poll-shows-resounding-support-for-public-bank-in-san-francisco\/","title":{"rendered":"New poll shows resounding support for public bank in San Francisco"},"content":{"rendered":"\n

Across demographic groups, 67 percent favor the concept<\/a><\/p>\n\n\n\n

By Tim Redmond<\/a><\/p>\n\n\n\n

October 6, 2025 (MissionLocal.org)<\/p>\n\n\n\n

Two thirds of likely San Francisco voters support the idea of a public bank, a new poll by the Public Bank Coalition shows.<\/p>\n\n\n\n

It\u2019s a pretty dramatic outcome for an issue that isn\u2019t even on the ballot. Hardly any proposal gets 67 percent support the first time voters are asked about it.<\/p>\n\n\n\n

\"\"
Sup. Jackie Fielder has strong momentum for a public bank, one of her signature issues<\/figcaption><\/figure>\n\n\n\n

The supes have approved the idea in concept, and a 2023 report shows it\u2019s feasible and not terribly expensive.<\/a><\/p>\n\n\n\n

The poll provides a big boost at a time when the city budget is tight and the mayor and the supes are more conservative than the 2022 board that moved the plan forward.<\/p>\n\n\n\n

Yet there is at this point no organized opposition, and Sup. Jackie Fielder is preparing to take the next steps to fund at least the beginnings of a municipal finance agency.<\/p>\n\n\n\n

The poll, by Underpin, a national consulting firm, found consistent support for a public bank across almost all demographics. Among millennial voters, who are the largest generation in US history, support was 75 percent.<\/p>\n\n\n\n

From the polling memo:<\/p>\n\n\n\n

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Even among San Franciscans with higher risk aversion according to a standard attitudinal measure, support is above 68%. Predictably, younger voters and those with higher trust in government management of funds (high civic trust) were also more likely to support a public bank. Given this range of support, a public bank campaign would likely have strong baseline support.<\/p>\n<\/blockquote>\n\n\n\n

More:<\/p>\n\n\n\n

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Every tax-deductible donation helps us grow to cover the issues that mean the most to our community. Become a 48 Hills Hero and support the only daily progressive news source in the Bay Area.<\/p>\n\n\n\n

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Most voters are more likely to support a public bank in San Francisco if it is a Green Bank. A green bank was defined as having an \u201cinitial focus on local renewable energy infrastructure, with profits used later for affordable housing and other community lending needs.\u201d We compare more and less likely support across five parameters or frames: a green bank, \u201cpeople over profits\u201d + \u201clower costs\u201d framing and \u201cgreater public control\u201d framing. The final two framing questions also noted the intended investments of a public bank in affordable housing, small business growth, and green energy.<\/p>\n<\/blockquote>\n\n\n\n

The questions were relatively neutral, not leading\u2014and only about seven percent of people responding were strongly against the idea.<\/p>\n\n\n\n

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\u201cSan Franciscans, especially young people, are demanding bold solutions to today\u2019s affordability and climate crises,\u201d saidSupervisor Jackie Fielder, co-founder of the San Francisco Public Bank Coalition. \u201cA public bank is how we take our money back from Wall Street and reinvest it into housing, clean energy, and small businesses right here at home. This poll makes it clear: voters are ready for a Green Bank that works for the people, not for profit.\u201d<\/p>\n<\/blockquote>\n\n\n\n

The next step for the Public Bank Coalition is likely a ballot measure that will require some sort of funding mechanism\u2014and that could be where Mayor Daniel Lurie and some of the supes play a role. Lurie\u2019s not about to set aside money from the General Fund for a public bank, so supporters are going to need another approach.<\/p>\n\n\n\n

But the high popularity of the concept will make it hard for anyone at City Hall to oppose the next steps.<\/p>\n\n\n\n

48 Hills welcomes comments in the form of letters to the editor, which you can submit\u00a0here<\/a>. We also invite you to join the conversation on our\u00a0Facebook<\/a>,\u00a0Twitter<\/a>, and\u00a0Instagram<\/a>.\u00a0<\/a><\/p>\n\n\n\n

Tim Redmond<\/a><\/p>\n\n\n\n

Tim Redmond has been a political and investigative reporter in San Francisco for more than 30 years. He spent much of that time as executive editor of the Bay Guardian. He is the founder of 48hills.<\/p>\n","protected":false},"excerpt":{"rendered":"

Across demographic groups, 67 percent favor the concept By Tim Redmond October 6, 2025 (MissionLocal.org) Two thirds of likely San Francisco voters support the idea of a public bank, a new poll by the Public Bank Coalition shows. It\u2019s a pretty dramatic outcome for an issue that isn\u2019t even on… Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/44447"}],"collection":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/comments?post=44447"}],"version-history":[{"count":1,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/44447\/revisions"}],"predecessor-version":[{"id":44448,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/44447\/revisions\/44448"}],"wp:attachment":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/media?parent=44447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/categories?post=44447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/tags?post=44447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}