New op-ed with @TerriFriedline in City & State NY:
Public banks can help cities and states invest in housing, climate resilience & racial equity—especially as federal support shrinks.
Read it here:
www.cityandstateny.com/opinion/2025...
#PublicBanking #LocalControl
cityandstateny.com
Opinion: Public banks offer an opportunity to reclaim local power and build inclusive economies
Unlike private banks, which are required to maximize shareholder profits, public banks are designed to serve the public interest.