I'm Just a Bill: Public Banking Act
๐ I’m Just a Bill โ Public Banking Act
A Liana Banyan “I’m Just a Bill” Bounty Poster
What is this bill?
Public Banking enabling legislation in the 119th Congress. Builds on the existing Bank of North Dakota model and recent state-level public-banking laws (California, New Mexico). Federal version creates regulatory framework for state and municipal public banks.
What does it actually do?
- Federal regulatory clarity for state/municipal public banks
- FDIC insurance pathway adapted for public-banking entity class
- Federal Reserve account access for qualified public banks
- Municipal-bond financing facilitation
- Tribal Public Banking provisions
How does this affect cooperative-class families?
Composes with #7 MSA (Cathie Mahon credit-union model โ public banks compose with credit unions in the cooperative-finance ecosystem) and broader cooperative-class financial infrastructure. Public banks are the structural alternative to bank-class extraction at the municipal scale.
Shirley Temple Truth Score
๐ก Provisional.
Help Each Other Help Ourselves.