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A Public Bank for the Public Good - City Limits

Summary by City Limits
“Some say the need for a municipal bank is even greater as the Trump administration plots cuts to housing, green energy and other programs.” A 2023 rally calling for the city to establish a public bank. (John McCarten/NYC Council Media Unit) Earlier this month, an obscure government entity, the NYC Banking Commission, voted on which banks city agencies can use over the next two years to deposit tax and other revenue and pay municipal bills. This…

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City Limits broke the news in on Thursday, May 29, 2025.
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