money

US House Says ‘Yes’ to Wall Street #Welfare in Highway Bill

In one of his first acts as Speaker of the House of Representatives Paul Ryan oversaw doling out $17 million in corporate welfare to Wall Street banks. How did he manage this? The usual sneaky way– by tacking this onto an unrelated piece of “must pass” legislation. (You’ll remember that’s how Republican lawmakers¬†weakened Wall Street…

‘Live Free & Prosper’: Bretton Woods Convocation on Public Banking & Economic Renewal

This week in New Hampshire, our Public Banking Institute colleagues are participating in the Bretton Woods IV Convocation on financial reform. There are four cornerstones to the conference: public banking, the North Country Resolution, local currencies, and Concordian economics. Here are some snippets from the conference website. I am blown away by the comprehensive and…

US Conference of Mayors to Consider Wall Street Bank Fees & Public Banking (Updated)

[UPDATE: The US Conference of Mayors did pass the “Mayors Resolution on Strengthening Municipal Finances.” Mayor Rothschild did not attend the conference.] At their upcoming meeting on June 19-22, the US Conference of Mayors will be considering hundreds of resolutions on everything from gun safety to tax incentives to jobs and education. Tucked into that…