Maine Public Banking group recognizes legislative supporters

The Maine Fiddlehead Focus reports that Maine Public Banking recently presented its Profiles in Courage Awards to two state senators who supported a State Green Bank proposal despite what organizer Randall Parr characterized as “substantial misrepresentation” of the concept of public banking by members of the state’s financial establishment.

The Maine green bank bill was voted “ought not to pass” by the state legislature’s Join Insurance and Financial Services committee.

Other state legislators involved with the bill were also recognized by Maine Public Banking.

You can read the proposed legislation here.

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