Jul 9, 2017 | Uncategorized
Why a public bank? When municipalities fund infrastructure through deals with investment banks, that means higher costs, which are passed on to residents and local business owners through usage fees or in the form of higher rents or prices. As Oakland CA public bank...
Jul 7, 2017 | Uncategorized
Hub Public Banking working group member Barbara Clancy submitted this statement at the recent hearing on H3543. You can read other statements here. Massachusetts is in good company as it considers whether to establish a public bank. There has been steady growth in...
Jul 6, 2017 | Uncategorized
Over the next few weeks we’ll be posting testimony submitted to the Joint Committee on Community Development and Small Businesses June hearing on H 3543. Here Tom Sgouros outlines some new ideas for public finance policy, drawn from his experiences with the...
Jun 17, 2017 | Uncategorized
H 3543, An Act Establishing the Massachusetts Infrastructure Bank, had a hearing Thursday before the Joint Committee on Community Development and Small Businesses. Hub Public Banking volunteers joined with the bill’s sponsors, Rep. Byron Rushing and Rep. Mike...
Jun 17, 2017 | Uncategorized
This week the Washington DC City Council authorized $200,000 in the city’s FY2018 budget for a feasibility study for a public bank, following approval by the city’s Committee on Business and Economic Development last month. As this post on the DC Public...
Jun 8, 2017 | Uncategorized
William Shelton, former director of Somerville Community Corporation, recently wrote a great essay for the Somerville Times in support of a public infrastructure bank, and our bill, H3543, ending with a call to to municipal managers and officials to help get more...
