The Public Bank NYC Coalition believes public money should work “for the public good, not private gain.” To that end, it advocates for a public bank that can:
support vital sectors of our local economy and divest from banks that are financing destructive corporate interests, including speculative real estate, private prison and immigrant detention companies, the global arms trade and the fossil fuel industry.
The Laura Flanders Show just released a video profile featuring Deyanira del Río from the New Economy Project, Linda Levy of the Lower East Side People’s Federal Credit Union and Enlace’s Cindy Martinez, highlighting the need for a bank and what it aims to do. Check it out!