Move Over Wall Street, People’s Banks Are Coming to Replace You

Public banking will bring democracy and accountability to the world of finance.

A specter is haunting Wall Street: the public banking movement, which vows to replace private banks’ influence in public affairs.

This movement is gaining traction in states and cities across the U.S. as motions to advance public banking are emerging in legislative halls from California to New York. In response to this momentum, hope is growing that the…