DC Public Banking Center

DC Public Banking Center Our vision is a publicly owned accountable Bank of DC working in partnership with local lenders for a

Biden administration temporarily expands student loan forgiveness program for public servants. The move will bring more ...
10/06/2021

Biden administration temporarily expands student loan forgiveness program for public servants. The move will bring more than 550,000 people closer to debt cancellation, including 22,000 who will be immediately eligible.

The temporary waiver will bring more than 550,000 people closer to debt cancellation, including 22,000 who will be immediately eligible for cancellation.

As cities around the world grapple with a crisis of , Vienna has been keeping it at bay. How the Austrian capital got t...
09/21/2021

As cities around the world grapple with a crisis of , Vienna has been keeping it at bay. How the Austrian capital got there may offer a model strategy for cities worldwide.

As cities around the world grapple with a crisis of affordable housing, Vienna has been keeping it at bay. How the Austrian capital got there may offer a mod...

While President Biden has called climate change a “code red” crisis, Treasury Secretary Janet L. Yellen is poised to res...
09/19/2021

While President Biden has called climate change a “code red” crisis, Treasury Secretary Janet L. Yellen is poised to resist calls to ask financial regulators to rein in lending to the nation’s worst greenhouse-gas emitters.

Treasury Secretary Janet Yellen is currently leading a review of what federal banking regulators should do to ensure the financial system is protected from climate-related risks. While the Biden administration pursues separate climate legislation with Congress, environmental groups want Yellen to us...

Last year, tenant advocacy groups convinced the city of Santa Fe, New Mexico, to give cash quickly to residents at risk ...
08/30/2021

Last year, tenant advocacy groups convinced the city of Santa Fe, New Mexico, to give cash quickly to residents at risk of eviction. As federal rent relief money trickles out, what can other areas learn from Santa Fe’s program?

Advocacy groups convinced the City of Santa Fe to give cash to residents at risk of eviction. What can other areas learn from the program?

In the past week, Biden has cancelled $6.8 billion of . This brings his total student loan cancellation to more than $9...
08/30/2021

In the past week, Biden has cancelled $6.8 billion of . This brings his total student loan cancellation to more than $9 billion since becoming president in January. Here are 3 things Biden’s student loan forgiveness means for your student loans

Here's what it means for your student loans.

How State and Local Governments Can Avoid Mass Evictions. Beyond the immediate need to stop mass evictions, state and lo...
08/09/2021

How State and Local Governments Can Avoid Mass Evictions. Beyond the immediate need to stop mass evictions, state and local officials can do more to facilitate housing stability in a longer-term transition out of the pandemic. http://ow.ly/FlCw50FNmfe

Beyond the immediate need to stop mass evictions, there is much more that state and local officials can do to facilitate housing stability.

The functions of investment are too important to be left in the hands of private banks only interested in accruing profi...
08/04/2021

The functions of investment are too important to be left in the hands of private banks only interested in accruing profits. We need public banks — something the Public Banking Act, introduced by Reps. Alexandria Ocasio-Cortez and Rashida Tlaib provides.

The basic functions of investment are too important to be left in the hands of private banks only interested in accruing profits. We need public banks — something the Public Banking Act, introduced by Reps. Alexandria Ocasio-Cortez and Rashida Tlaib, would provide.

Why Shouldn’t the People Own the Banks? A municipally chartered public bank would not be beholden to the often predatory...
07/09/2021

Why Shouldn’t the People Own the Banks? A municipally chartered public bank would not be beholden to the often predatory commercial banking sector.

A municipally chartered public bank would not be beholden to the often predatory commercial banking sector.

Join DSLBD's Inno.ED Team on Wednesdays in July to learn more about the District's grants for . This is an overview of ...
07/02/2021

Join DSLBD's Inno.ED Team on Wednesdays in July to learn more about the District's grants for . This is an overview of where to look for grants, how to prepare, some grant programs of note, and how to make the grants process work for you.

First of a four-part series on Wednesdays in July 2021. A (now) hour long lunch and learn webinar.

There has never been a shortage of financial wherewithal to bailout a system that is demonstrably unjust and unstable, a...
06/26/2021

There has never been a shortage of financial wherewithal to bailout a system that is demonstrably unjust and unstable, as well as ecologically calamitous. It should not be difficult to find the financial resources to mount a successful U.S. and global Green New Deal over the coming generation. http://ow.ly/whhN50Fj9lQ

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A sweeping new study of racial segregation across the U.S. shows that the Washington region, like much of the country, h...
06/22/2021

A sweeping new study of racial segregation across the U.S. shows that the Washington region, like much of the country, has become more segregated since 1990.

New research from the University of California-Berkeley calls residential segregation "the taproot of systemic racial inequality."

In 2016, Wole Coaxum launched a mobile app, offering check scanning, bill payment and a Mastercard debit card for unbank...
06/18/2021

In 2016, Wole Coaxum launched a mobile app, offering check scanning, bill payment and a Mastercard debit card for unbanked people, all connected to an FDIC insured bank account at Sunrise Banks (which bills itself as a socially responsible bank).

The great-grandson of a successful Black real estate developer who used his influence to integrate his community, fintech entrepreneur Wole Coaxum carries on his family’s dream by bringing financial services to the unbanked across America.

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