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California Legalizes Public Banking

Posted

October 8, 2019

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65,096

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Governor Gavin Newsom signed a bill that lets municipalities sponsor public banks, and Los Angeles' City Council is creating a proposal for one. David Jette of Public Bank LA says this will help cities and counties invest in affordable housing and renewable energy.

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Governor Gavin NewsomLos Angeles' City CouncilDavid JettePublic Bank LA

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California Legalizes Public Banking · The Real News Network · Sentinel