Live and recent posts from across the Fediverse tagged #publicbanks, aggregated by home.social.
State Mandates Fiscal Restraint Across Public Financial Sector
Public sector banks and insurance firms in India must now use online meetings and electric cars to save money starting May 18, 2026.
#PublicBanks, #CostCutting, #OnlineMeetings, #EVs, #IndiaFinance
https://newsletter.tf/public-banks-cut-costs-online-meetings-evs-may-18/
Public banks in India are now required to hold all meetings online and switch to electric vehicles. This is a major change to cut costs.
#PublicBanks, #CostCutting, #OnlineMeetings, #EVs, #IndiaFinance
https://newsletter.tf/public-banks-cut-costs-online-meetings-evs-may-18/
Report Argues Against Public Bank Financing for Nuclear Power Due to Economic Risks
📰 Original title: Debt, Delays, Dependencies -Why Public Banks Should Not Support Nuclear Power
🤖 IA: It's not clickbait ✅
👥 Usuarios: It's not clickbait ✅
View full AI summary: https://killbait.com/en/report-argues-against-public-bank-financing-for-nuclear-power-due-to-economic-risks/?redirpost=7f993186-c83b-4077-9c87-264ec350fa05
Report Argues Against Public Bank Financing for Nuclear Power Due to Economic Risks
📰 Original title: Debt, Delays, Dependencies -Why Public Banks Should Not Support Nuclear Power
🤖 IA: It's not clickbait ✅
👥 Usuarios: It's not clickbait ✅
View full AI summary: https://killbait.com/en/report-argues-against-public-bank-financing-for-nuclear-power-due-to-economic-risks/?redirpost=7f993186-c83b-4077-9c87-264ec350fa05
Public Banks = #Answer to Life ?
If you solve #Banks #exploitation / #power ( re-loaning your money all the time for their own power increase 🔼 )
Then You Solve #Life (almost all problems get sorted better after this)
#PublicBanks = Next Level of #Evolution / #Answer to Life
Fuck most parts of:
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket #Mortgages #Marketing #Advertising #Mortgage #Loans #Finance #FudgedNumbers
Around the world 1115 Public Banks (owned by the state) have assets of over $91 trillion... whether they act in the interests of the public is at least partly shaped by whether there is any form of democratic accountability.
However, it is very much a mixed ecology with a range of missions and foci.... this helpful two page briefing lays out the shape of the sector for those who are less familiar with these institutions.
#economics #PublicBanks #democracy
https://publicbanking.mcmaster.ca/app/uploads/2024/09/PBP_EB_2024_02.pdf
12/13/2023: Tlaib, Ocasio-Cortez Introduce #PublicBanking Act, which facilitates the creation of state and local #PublicBanks
The bill establishes a robust federal regulatory framework, grant programs, and financial infrastructure to promote public banks and ensure their success. The bill also mandates minimum standards for public banks relating to environmental justice, tenant protections, labor standards, democratic governance, and consumer data privacy. @reprashida @aoc
https://tlaib.house.gov/posts/tlaib-ocasio-cortez-introduce-public-banking-act
#PublicBanks : An Important Idea Whose Time Is Overdue
"This is precisely why many New York-based Community Development Financial Institutions (CDFIs) – including Genesee Co-op Federal Credit Union, Lower East Side People’s Federal Credit Union ($89.5 million, New York), Cooperative Federal Credit Union ($35 million, Syracuse), and Neighborhood Trust Federal Credit Union ($17.7 million, New York) – are fighting to bring #PublicBanking to New York."
https://www.cutimes.com/2023/07/24/public-banks-an-important-idea-whose-time-is-overdue/?slreturn=20230625102156
@Thomas_Marois
Calls for #Publicbanks are heating up.
As communities dig into their real promise, let's not forget #publicbanks are powerful and contested entities that need democratic armoring.👁️
👇Open Access👇
A Dynamic Theory of Public Banks (and Why it Matters)
https://www.tandfonline.com/doi/full/10.1080/09538259.2021.1898110#.ZEOo4ol2aaE.twitter
The collapse of #SiliconValleyBank left low-income communities without billions in promised lending, despite the federal bailout that benefited the bank's wealthy depositors and new owner.
We need #PublicBanksNow
#BankingCrisis #PublicBanks
#PublicBank #PublicBanking #SVB #SignatureBank
https://www.levernews.com/regulators-stiffed-low-income-communities-in-silicon-valley-bank-bailout/
From @NextCityOrg :
Lifting or eliminating the cap on FDIC insurance for banks could be part of the response to the current #BankingCrisis. Here’s what it could mean for local, community and #PublicBanks .
#PublicBank #PublicBanking
https://nextcity.org/urbanist-news/removing-the-federal-deposit-insurance-cap-could-transform-local-public-ban
What if we had #PublicBanks that prioritized the greater good, rather than private banks prone to taking profit-chasing risks?
https://www.vice.com/en/article/3akzbb/private-banks-are-in-crisis-what-if-they-were-public-banks
What actions are you taking this week and month around issues that you care about in your city, county and WA state?
What events coming up should other people know about?
#housing #transit #broadband #PublicBathrooms #PublicBanks #PublicLands #Politics #Elections #ProgressiveRevenue #Abolition #StopTheSweeps #EducationFunding #ClimateEmergency
How do you show up in solidarity with most impacted communities?