BREAKING NEWS: San Jose City Council votes TODAY on Public Bank Feasibility!
San Jose, CA – Join Greens on TUESDAY, March 19 at 1:30 pm to urge the city to explore Public Banking feasibility! Hold public banking signs, and grab a comment card to speak directly to City Council about why you support Public Banks.
San Jose City Council members, Raul Peralez, Sergio Jimenez, and Magdalena Carrasco have introduced a memorandum to be adopted Tuesday, March 19. This is in response to a bid that the city is evaluating for their banking services, with JPMorgan Chase and Wells Fargo being the top two scorers, both of whom have been fined hundreds of millions of dollars for wage theft practices over the years. We need our hard earn tax dollars to go towards the public good and not to Wall Street profits!
San Jose City Council Votes on Public Bank Feasibility
Tuesday, March 19 at 1:30 - 3:30 PM
City Hall, 200 E Santa Clara St, San Jose, CA 95113
The memo instructs staff to do three things:
- Explore the feasibility of Public Banking as an alternative delivery model
- Include in the City's legislative priorities Assembly Bill 857: Public Banks
- Adopt a resolution urging California State legislators to enact legislation amending the Government Code to enable local agencies to create public banks through an option for a public banking charter.
PLEASE also email your city council member, Mayor and City Clerk in support of Public Banking and AB 857!
Sam Liccardo (Mayor)
Chappie Jones (District 1)
Sergio Jimenez (District 2)
Raul Peralez (District 3)
Lan Diep (District 4)
Magdalena Carrasco (District 5)
Dev Davis (District 6)
Maya Esparza (District 7)
Sylvia Arenas (District 8)
Pam Foley (District 9)
Johnny Khamis (District 10)
And lastly, don't forget to sign the petition in support of a Public Bank in Santa Clara County!
We NEED EVERYONE'S HELP on TUESDAY March 19th!