Our volunteer team of advocates from across the state: Los Angeles, Sacramento, San Francisco, and East Bay, met with legislators at the Capitol to discuss our progress with building a network of socially and environmentally responsible public banks, and we rallied for CalAccount.
It was a packed day of meetings, including productive discussions with Los Angeles Assemblymember Mark Gonzalez and Senator Monique Limon about our progress.
With municipalities grappling with budget deficits and federal threats to local resources, public banking creates a powerful tool to build local sustainability. By leveraging public funds, we can generate revenue and resources that directly benefit California communities. It’s time to mobilize public revenue to serve the public good!
And with nearly 8 million un/underbanked Californians and threats to consumer protections, we need the state to lead on CalAccount to ensure basic banking is a right accessible to all.
