You guys go on ahead, I’m going to hang out here for awhile ☺️ Armchair Books, Edinburgh's Old Town

This is an excellent snapshot of a superb idea! A state public bank that serves the public interest and returns profits back into our public purse instead of sending to Wall Street and investor class elites. We could do this is WA, all we need is political will. @waforpublicbanking.bsky.social

California Public Banking Alliance@capublicbanking.bsky.social · last wk.

CPBA’s @trinitytran.bsky.social breaks it down. CA is the world’s 4th-largest economy, yet we pay billions in interest & fees to Wall Street banks and private investors. North Dakota’s economy is just 1/50th our size. Its public bank returned $335M to the state last year. Imagine our potential!

Faye Wilson Kennedy w/ the Poor People’s Campaign brought the conversation back to who gets left out when Wall Street decides where California's money goes: renters, homeowners, transit riders & communities that have waited decades for investment. A state public bank changes who money serves!

CPBA’s @trinitytran.bsky.social breaks it down. CA is the world’s 4th-largest economy, yet we pay billions in interest & fees to Wall Street banks and private investors. North Dakota’s economy is just 1/50th our size. Its public bank returned $335M to the state last year. Imagine our potential!

Tristan Brown of CFT - California Federation of Teachers, repping over 120,000 teachers & educational workers across the state, laid out how workforce housing keeps stalling due to financing gaps banks won't touch. A public bank can make bridge loans to get those projects moving.

Dr. Flo Cofer lays it out. When capital is redirected toward affordable housing, climate resilience & community investment instead of Wall Street returns, that's a public health strategy. It's time for a California State Public Bank to fund a healthy future!

Standing room only in 93° heat at our Public Banking Gathering in Sacramento & the room stayed packed. That's what momentum looks like! Huge thanks to our speakers & co-hosting orgs for making it happen. Sacramento showed up for their communities & our public dollars. More soon!

Join us in Sacramento on July 23rd for a public banking community gathering! I'll be speaking along with a powerful lineup including Tristan Brown - CA Federation of Teachers, Dr. Flo Cofer - Sacramento Climate Coalition, and more!

California Public Banking Alliance@capublicbanking.bsky.social · 3w ago

Join us in Sacramento July 23 to talk building a California State Bank, money that could fund affordable housing & small businesses instead of bank fees. Hear from CFT, Sacramento Climate Coalition, Poor People's Campaign & CPBA! www.eventbrite.com/e/public-mon...

CPBA's @trinitytran.bsky.social joins Shelterforce to talk public banking & state/local community investment breakthroughs. "Nobody thinks their tax dollars should be making Jamie Dimon richer while our streets are crumbling and our neighborhoods are deteriorating." shelterforce.org/2026/07/09/l...

Laboratories of Democracy: Emerging State and Local Policy Visions, a Shelterforce Webinar — Shelterforce

There's a lot that can be done to advance housing and community investment at the local and state level. This is the perfect moment to do it.

shelterforce.org

Main Street vs. Wall Street. LFG! www.theobserver.media/california/c...

Lawmakers Launch AB 2243 To Study A California Public Bank

CA lawmakers unveil AB 2243 to explore a publicly owned state bank, aiming to keep public funds local and support housing, infrastructure, climate and more.

theobserver.media

Great piece from Christopher Armitage: "Public banking belongs at the center of every blue city & state’s legislative agenda for the 2026 & 2027 sessions... it is the only major lever that funds the rest of the agenda rather than competing with it." cmarmitage.substack.com/p/we-could-e...

We Could End Every Blue State’s Budget Deficit With One Policy. Even a Five-Year-Old Could Explain It.

If we can convince a five-year-old, we can convince our state and city representatives.

cmarmitage.substack.com

“California generates roughly $300 billion in public revenue each year, yet we still pay private banks to finance our own projects. That means billions of dollars are leaving our state year after year." -CPBA's Executive Director @trinitytran.bsky.social

Big Earth Day launch for California State Bank #AB2343 with a strong statewide coalition. A bill for people & planet, putting the power of money back in CA communities. haney.asmdc.org/press-releas...

Earth Day 🌎 rally for the CA State Public Bank! Join us on the west steps of the State Capitol to launch #AB2243! Hear from Assembly members Matt Haney, Ash Kalra + community leaders. www.eventbrite.com/e/ca-state-p...

Communities are organizing for public banking and public broadband, and they ARE winning. @trinitytran.bsky.social shares what that fight looks like, in conversation with @liberation-gen.bsky.social and @theforge.bsky.social in "The Corporate Power of It All." forgeorganizing.org/article/less...

Lessons From Fights For Public Control of Banking and Broadband Infrastructure - The Forge

Looking around our economy, many of us know that the fight to rein in corporate power isn’t limited to a few very powerful tech companies. In this conversation, Trinity Tran from the California Public...

forgeorganizing.org

We’re all in and getting ready to launch #AB2243 the California State Bank bill championed by Assemblymembers Matt Haney & Ash Kalra! Public dollars should fund what communities need: housing, small business & climate solutions. More soon. Join 80+ orgs! forms.gle/6a17WCn7SDKX...

Motion passes! The LA Charter Reform Commission approved a clarification aligning the City Charter with state law, the California Public Banking Act (AB 857), so LA has a path to pursue a public bank if it chooses. Thanks to Chair Raymond Meza & Commissioner Carla Fuentes.

Full house at the LA public banking listening session! Community members shared barriers to accessing capital & how a public bank could support housing, small biz. Councilmember Jurado & Michael Tubbs spoke on economic inequality. Photos + video soon!

“...The question isn’t just is there enough money,” Tran said. “...who decides where our common dollars go today, how they’re used, and whether they stay in communities and benefit our localities, or... keep getting signed out to private institutions...” #CreatePublicBanksNow! #It'sOurMoney!

Public banking movement gains momentum in Sacramento - The Sacramento Observer

Discover the growing public banking movement in California and how it could transform communities by reinvesting funds locally for affordable housing and climate resilience.

sacobserver.com

LA budget season is here! Public Bank LA coalition joined Councilmember Hernandez, @controller.lacity.gov & community leaders to demand a 2026 People’s Budget: immigration services, care-first investments & funding the public bank plan. Public dollars for public good 🤝

Incredible turnout and a full house with nearly 200 attendees for Sacramento's first community town hall on public banking! Stay tuned for additional photos, recording and event wrap-up!

Calling all Sacramento friends and allies! On Tuesday, January 27th, join us for Sacramento's first public banking community town hall! Doors open at 5:30pm. Live music, light refreshments & community tabling. Panel Starts at 6:30PM. RSVP below! www.eventbrite.com/e/town-hall-...

People from 39 states, plus supporters tuning in from around the world, joined our Public Banking Coast to Coast webinar! Senator Elizabeth Warren talked about how public banks can provide low-cost lending for housing and infrastructure, create jobs & strengthen our communities.

Special thanks to our Public Banking panelists who broke down the impact & what’s ahead: Trinity Tran @trinitytran.bsky.social, Dey Del Rio @neweconomyproject.bsky.social, Dr. @terrifriedline.bsky.social, Linda Levy, Rei Fielder & moderator David Cobb, @democracycollab.bsky.social

TOMORROW! Join us for a powerful convo w/ movement leaders from CA, NY & MA! With federal volatility, now's the moment to create city & state banks to recapture billions of public dollars siphoned out of our communities & reinvest them into public good. bit.ly/PBC2C

As federal funding for states shrink, people are taking back control, building public banks owned by communities. Join a national conversation with movement leaders + Senator Elizabeth Warren to reclaim local funds for housing, climate & more! Nov 19, 12 PM PT/3PM ET bit.ly/PBC2C

Los Angeles City Council President Harris-Dawson joined six colleagues to fund LA’s Public Bank Plan.👏 We need real solutions on the table to cut borrowing costs & Wall St fees; invest in affordable housing. Let’s put millions back to work for LA communities. 🏦♻️🏡

This comes one day after massive disruptions to BART, including a 4-hour systemwide shutdown. A state public bank that's not solely controlled by the Governor's office sounds like a pretty good idea around now. capublicbanking.com/california-n...

California Needs a State Public Bank - CA Public Banking Alliance

California Needs a State Public Bank California is facing budget deficits, federal rollbacks, and deep cuts to housing, climate, CDFI funding, and small business programs. Just as our communities need...

capublicbanking.com

Senator Scott Wiener@scottwiener.bsky.social · 11mo ago

We’ve been informed by the Governor’s Department of Finance that it won’t agree before our legislative session ends (on Friday) to finalize a $750M bridge loan to Bay Area transit. This loan was agreed to in our June budget. Without it, BART, Muni, et al will cut service.🧵

🚨 California Needs a State Public Bank! Federal cuts are slashing housing, climate & small biz programs. Nearly 40M Californians impacted! A State Bank keeps our money working in CA, lowering costs, protecting funds & expanding credit. Read our latest: bit.ly/CApublicbank

Coalition leaders @acceaction.bsky.social & allies at City Hall urging Councilmembers Yaroslavsky & Padilla: agendize the public bank motion and direct CAO to close the funding gap. Every week of delay is capital our communities don’t see--keep LA dollars here for housing, small biz, clean energy.