In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor….
System renewal. Challenging established notions. Reimagining our societies.
System renewal. Challenging established notions. Reimagining our societies.
Tag: Public banks
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Just over two months into the new year, 2021 has already seen a flurry of public banking activity in the USA. Sixteen new bills to form publicly-owned…
On November 20, US Treasury Secretary Steven Mnuchin informed Federal Reserve chairman Jerome Powell that he would not extend five of the Special Purpose Vehicles (SPVs) set…