Letter to Treasurer Chiang

http://www.commonomicsusa.org/ and various Califonian groups sent a letter to Treasurer Chiang envisioning a network of public banks.

Cities want to divest from oil and have no meaningful place to put the money. Public banks would provide a chance for a systems change so our money empowers change we chose.

It’s important to have clear charters in any banks which to California’s many social, economic, and environmental policy objectives.

Check out our letter here.

030218 Letter in Response to RFI