As Daniel Wortel-London rightly notes, redistribution isn’t a substitute for transformation. NYC’s next mayor must change who owns and controls our economy. Fortunately, communities have long had the solutions—from CLTs to worker co-ops to public banking. 🧵 nydailynews.com/2025/06/26/m...

Top 3 funders of fossil fuels: – JPMorgan Chase – Bank of America – Citibank Top 3 banks holding NYC’s public deposits: – JPMorgan Chase – Bank of America – Citibank We need a public bank. www.theguardian.com/business/202...

Bringing unflinching moral clarity to this moment, former NYC Director of Operations Harvey Robins calls for bold action—starting with a public bank to reclaim public money for the public good. Must-read in @citylimitsnews.bsky.social: citylimits.org/opinion-mayo...

Big day in the Bronx! Founding PBNYC member Lower East Side People's Federal Credit Union just opened its first BX branch—bringing banking to its 3rd borough. A NYC public bank could help bring this kind of people-powered credit union to every neighborhood. Learn more: www.amny.com/opinion/op-e...

#PublicBanking is about financial justice, housing justice, climate justice and investment in historically redlined communities. It’s time for NYS leadership - @govkathyhochul.bsky.social @leaderasc.bsky.social @speakercarlheastie.bsky.social - to pass #NYPublicBankingAct and #BankofRochester!

Big banks systematically harm communities of color. A NYC public bank would reinvest billions in new lending to build real financial power. @cssnyorg.bsky.social's David Jones makes the case—it's time for lawmakers to act. Read his column in @nyamnews.bsky.social: amsterdamnews.com/news/2025/02...

When the feds hijacked $80 million from NYC coffers, Citibank was all too happy to oblige. In a powerful @nydailynews.com op-ed, Linda Levy of LES People's Federal Credit Union demands answers and calls for a public bank to better serve the city's interests. www.nydailynews.com/2025/02/26/a...

Which bank would be better for 99.9% of us in New York City? ❌ A private bank owned by investment funds, controlled by billionaires ✅ A public bank owned by the NYC government, elected by the people of the City of New York @publicbanknyc.bsky.social is working to make the right answer a reality.

So the feds clawed back $80 million in contracted funds to NYC—and Citibank just let them? Banks must follow strict rules on ACH reversals, and they’re under no obligation to approve requests without proper justification. We need answers on why Citibank complied with this seizure of city money.

Unreal. Time for a new bank.... a public bank!

Citibank handed over $80 million in city funds to the Trump Administration. A public bank would keep NYC’s money secure—shielded from federal overreach and working for the public good. Read our statement on the federal seizure of public funds: www.publicbanknyc.org/statement-ci...

How could the custodian banks not inform NYC officials that our money was being raided? Is any bank account safe?

The feds just pulled $80 million out of NYC's bank accounts—without warning. City officials were caught off guard and didn't even know which account the money came from. If city funds were in a public bank, would we have had the chance to act? www.thecity.nyc/2025/02/12/t...

"A public bank—created by the city and chartered to serve the public interest—could be the key to transforming this broken system into one that puts people over profits." https://bit.ly/4hjoAHJ