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Washingtonians for Public Banking

@waforpublicbanking.bsky.social

We fight for public banking at all levels of government.

213 Posts165 Follower35 Folgt
Washingtonians for Public Banking@waforpublicbanking.bsky.social · 4w ago

"If the Clarity Act does eventually get signed into law, and there is an exodus of deposits to stablecoins, the large banks can win back customers by issuing their own stablecoins. The small community banks and credit unions will not be so lucky." znetwork.org/znetarticle/...

The Privatization of Public Money

Prior to the Senate’s summer recess, lobbyists and advocates of the Digital Asset Market Clarity Act or Clarity Act made a frantic push for the

znetwork.org

Washingtonians for Public Banking@waforpublicbanking.bsky.social · last mo.

"Proponents are hopeful that a public bank would help the city address some of its most intractable problems, including the housing affordability crisis and solvency for small businesses." www.governing.com/management-a...

Does San Francisco Need a Public Bank?

Proponents are hopeful that a public bank would help the city address some of its most intractable problems, including the housing affordability crisis and solvency for small businesses.

governing.com

Washingtonians for Public Banking@waforpublicbanking.bsky.social · 2mo ago

"North Dakota, with about 800,000 residents, is a firmly red state where support for the GOP and Trump is still strong – and yet it's home one of the most progressive, populist financial institutions in North America: the Bank of North Dakota." www.cascadia-journal.com/cascadia-sho...

Cascadia should follow North Dakota's lead and create public state banks

After a talk last night in Seattle by Bank of North Dakota CEO Don Morgan, I came away even more convinced that Oregon and Washington should make creating public state banks a high legislative priorit...

cascadia-journal.com

Washingtonians for Public Banking@waforpublicbanking.bsky.social · 2mo ago

“Seattle just set a new benchmark for credit union banking. In 2025, a record 35% of local households — roughly 557,000 — used a credit union as their primary bank.” www.seattletimes.com/seattle-news...

Seattle residents keep jumping to credit unions

Nielsen data shows a record 35% of Seattle households use a credit union as their primary bank, a sustained exodus sparked by 2011 megabank fees, writes FYI Guy.

seattletimes.com

Washingtonians for Public Banking@waforpublicbanking.bsky.social · 3mo ago

Register today to hear Don Morgan, President and CEO of the Bank of North Dakota, speak. President Morgan will be touring three cities in Washington state. Join the conversation on public banking. waforpublicbanking.substack.com/p/washington...

“Washington’s Public Banking Future” Featuring Don Morgan, President and CEO of the Bank of North Dakota

“Washington’s Public Banking Future”

waforpublicbanking.substack.com

Washingtonians for Public Banking@waforpublicbanking.bsky.social · 3mo ago

"Ellias says that, in the wake of the 2008 financial crisis, American companies have increasingly turned away from traditional bank financing toward private credit, which is typically backed by investment funds." hls.harvard.edu/today/tradit...

Traditional bank loans are disappearing. Now what? - Harvard Law School

An award-winning paper cowritten by Harvard Law Professor Jared Ellias explores the rise and risk of private credit.

hls.harvard.edu

Washingtonians for Public Banking@waforpublicbanking.bsky.social · 4mo ago

"Public banking is the most conservative possible policy in the literal sense of conserving public money, which means anyone calling themselves fiscally responsible who opposes public banking is admitting they care more about Wall Street’s revenue..." 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