Governor Gavin Newsom signed a bill that lets municipalities sponsor public banks, and Los Angeles’ City Council is creating a proposal for one. David Jette of Public Bank LA says this will help cities and counties invest in affordable housing and renewable energy.
Public Bank LA is a community-powered movement to create a public bank rooted in justice, accountability, and sustainability. We’re building a financial institution that puts people and the planet before profit, designed to serve Los Angeles communities, not Wall Street.
Email: publicbankla@gmail.com
