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To: U.S. Congress

Support Public Banks for COVID Recovery

Support the use of federal stimulus funds to capitalize a network of state and municipal public banks.

These public banks will:

*Invest in public services and infrastructure, saving money and reducing the tax burden on citizens.

*Partner with community banks and credit unions so they can continue to make loans to families and small businesses.

*Create a sustainable stream of revenue for emergency funding so we can be better prepared in the future.

Why is this important?

This economic shutdown will have major long-term impacts on employment, government revenues, and our collective ability to recover. Public banks can be an engine for a just and sustainable recovery, bringing money into communities and not corporations.

Updates

2020-05-22 21:30:56 -0400

100 signatures reached

2020-05-14 14:21:42 -0400

50 signatures reached

2020-05-14 12:53:22 -0400

25 signatures reached

2020-05-14 12:19:16 -0400

10 signatures reached