BREAKING!!! Today, Los Angeles City Councilmembers made a BOLD move to create a state-chartered public bank for the City of #LosAngeles! The financial institution will be named "Bank of Los Angeles" and would reinvest in the #communities, #neighborhoods, and residents of the City of Los Angeles.
The motion is sponsored by Council President Herb Wesson, Chairman of the Budget and Finance Committee Paul Kerkorian, and Councilmember Gil Cedillo.
Join us this Saturday for our Public Bank LA launch meeting!
With a motion now moving through LA City Council, #RevolutionLA, @PublicBankLA and @DivestLA will work with council offices to advocate that the Public Bank of LA uphold a strong Social and Environmentally Responsible Charter to ensure that all public depositories, investments and banking profit from our municipal bank directly benefits our communities and our environment.
Sat, July 29th - 12pm to 3pm
First Unitarian Church, 2936 W. 8th St, LA 90005.
Parking at the lot on 8th Street and Westmoreland.
Metro Station Wilshire/Vermont. Red and Purple Lines.
RISE UP AND END WALL STREET! It's time for a bank for People and Planet!!! ✊🌎✌
#publicbankla #divestla #banking #finance #grassroots #revolution #socialjustice #environment #justice #publicbank #municipalbank #peoplebeforeprofit #peopleandplanet