After the Great Recession, lawmakers promised that the reforms they instituted secured America’s banking sector. However, as long as the United States sticks to a predominately private banking sector — one that cannot operate counter-cyclically nor dedicate financing to social needs — that promise of long-term security is elusive.
Author Archives: Marco Rosaire Rossi
Posted inPublic Planning
A public bank could help Washington tackle the growing threat of climate damage
If Washington is going to deal seriously with the impacts of global warming, including making the necessary investments throughout the state, then it should embrace the promise and potential of public banking.