World ZNetwork
San Francisco Becomes First City in the US to Establish a Public Bank
San Francisco voters took an important step toward creating a public bank by approving Proposition B, which would amend the City Charter to authorize establishment of a nonprofit municipal finance cor
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San Francisco voters took an important step toward creating a public bank by approving Proposition B, which would amend the City Charter to authorize establishment of a nonprofit municipal finance corporation and later a nonprofit public bank to support efforts such as affordable-housing development, affordable homeownership, small-business development, environmental sustainability and justice initiatives. Proposition B [...]
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