The LA County Democratic Party (LACDP), representing over 3 million registered Democrats, has officially endorsed the LA public bank — the Municipal Bank of Los Angeles. Special thanks to the Culver City Democratic Club for championing the resolution.
In its adopted measure, LACDP supports a nonprofit, city-owned, tax-exempt public bank designed to:
- Manage and deploy the City’s funds
- Partner with mission-aligned local lenders
- Finance affordable housing, green infrastructure, and community resilience
All with one goal: keeping public dollars circulating in our neighborhoods rather than leaving Los Angeles.
