News

SF Moves a Big Step Closer to a Public Bank

At least six supes on board with visionary plan that has never been done in a city.

By Tim Redmond

Jan. 26, 2021

Six San Francisco supervisors spoke today about their support for a public bank, guaranteeing that a measure just introduced by Sup. Dean Preston will be sent to Mayor London Breed.

The legislation would set up a task force composed of banking industry experts, community members, and a representative of the offices of the treasurer and controller that would have a year to craft a business and structural plan.

Read more at: https://48hills.org/2021/01/sf-moves-a-big-step-closer-to-a-public-bank

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