Come join us make public banking happen! What we’re doing:
Cities press CA Assembly for local public banking
The push is on for Assembly Bill 857, the local public banking bill! This landmark legislation will enable cities and counties to keep their money local and divest from large banks that invest in fracking and pipelines. The full text of the bill and a fact sheet are available here.
This week in Oakland, City Council President Rebecca Kaplan will introduce a resolution not only endorsing AB 857, but also, importantly, instructing the City’s lobbyist to work for it in Sacramento. The resolution, which will also reiterate Council’s support for the future East Bay Public Bank, is scheduled for a vote at the April 16 City Council meeting. Although it will be a “consent” item, to be passed without discussion, this would be a fine time to come out and show strong community support for our bank.
Other city councils around the state, including those in Los Angeles, San Francisco, and San Jose, as well as Richmond and Berkeley, have similar plans to endorse and support the local public banking bill. This is big!
Tell your assemblymember: Yes on 857!
On Monday, April 8, California Public Banking Alliance (CPBA) volunteers from all over the state will converge on the Capitol to press for lawmakers’ promises of support for AB 857.
But lobbying can’t do the whole job. Now is the time for all of us California supporters of public banking to call our assemblymembers and tell them to vote YES on this crucial legislation!
Calling your elected officials is quick and easy. You can talk to the staffer who answers the phone or leave a voicemail. Say something like this:
“My name is _________, and I live in District [number]. I’m calling to ask Assemblymember _______ to vote YES on AB 857, the public banking bill. I strongly support establishing a public bank in my community.”
Below are phone numbers for all assemblymembers whose districts include part of Alameda County. Wherever you live in the state, if you’re not sure who represents you, check this finder.
District 15�Buffy Wicks (916) 319-2015
District 16�Rebecca Bauer-Kahan (916) 3119-2016
District 18�Rob Bonta (916) 319-2018
District 20�Bill Quirk (916) 319-2020
District 25�Kansen Chu (916) 319-2025
And remember, everyone you know in California can call their legislator. Please ask them to call, too. It could make a real difference!
See you in Hayward!
Look for our table this Saturday, April 6, at the Hayward Farmers’ Market. We’ll be there to chat and answer questions about public banking, and we’ll have PBEB t-shirts, brochures, and window signs available. We’d love to meet you!
Next, to continue building local support for our East Bay bank, members of PBEB’s advocacy team are meeting on April 10 with two key Hayward officials – the city manager and the finance director. City by city, we’re getting there.
Hayward Farmers Market
Saturday, April 6, from 9am to 1pm
777 B Street, Hayward 94541
(Next to City Hall Plaza and BART)
Help make our East Bay bank happen
We’re planning on doing a lot more tabling at markets and street fairs through the spring and summer, and we could really use some help. Tabling is a great way to get out of that cyber-bubble and talk to actual fellow citizens about creating the vibrant local economy we all want to see. You don’t need a finance background – just a couple free hours and an ability to explain the basics.
You can also help by suggesting places for us to table. We need to connect with folks all over Alameda County so we can point to broad grassroots support for our bank as we push the Board of Supervisors to make it happen.
If you’re interested in tabling or have an idea for a venue, please don’t wait to shoot us an email at firstname.lastname@example.org. Thank you!