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Looks like #SanFrancisco will #CreatePublicBanksNow! "...If it passes in November, it would codify the framework for how the institution would operate, drawing on a plan published in 2023 by a group convened to study how a public bank could work in San Francisco..." www.PublicBankingInstitute.org
24d
www.sfchronicle.com
The proposal would go to voters, but would not provide a revenue stream to fund the bank. How to fund the bank could be the topic of heated future debate.
San Francisco moves ahead with plan for public bank
Public Banking Institute