New York City — Could the city best known as the home of Wall Street divest from major corporate banks and start its own public bank? That’s the vision that a new network of activist groups hope see in the near future.
On Tuesday, a coalition of progressive organizations in New York City gathered in front of the New York Stock Exchange to launch a new effort to get the city to divest from Wall Street banks and create a new public bank for the public good.
“It’s a really simple concept: New York City has billions of dollars of public […]
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