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

Reporters Desk

Recent Posts

Legacy Media Is Failing Trans People

At a time when trans rights are increasingly threatened, Democrats are distancing themselves from trans…

3 minutes ago

County to Protect Medi-Cal and CalFresh Access for 1.7 Million Residents Amid New Federal Work Requirements

The motion also calls for the expansion of workfare and volunteer opportunities across county departments…

22 hours ago

Governors Briefs: CalRx® Insulin, $11 a Pen, Will Soon be Available and Appointment Announced

This launch marks a significant step in the state's ongoing effort to lower prescription drug…

23 hours ago

Purdue Student Paper Shows Solidarity With Rival

  After the Indiana University Media School fired its director of student media and banned…

23 hours ago

POLA Lead Attorney Steve Otera Named Corporate Counsel of the Year by LA Business Journal

  LOS ANGELES — The Los Angeles Business Journal has given a top legal honor…

24 hours ago

Ports Briefs: POLB Cargo Slows as Clean Truck Study and Air Quality Report Highlight Progress

The Final 2024 Class 8 Drayage Truck Feasibility Assessment Report focuses on battery electric and…

1 day ago