Daily Archives: October 31, 2020

2 posts

bank illustration

Philadelphia Public Bank Feasibility Study recommends the city move forward

Darryl C. Murphy, writing on October 2 on WHYY PBS, reports that an independent feasibility study commissioned by the City of Philadelphia has recommended the creation of a public bank that would allow city government to loan directly to small businesses. The 50-page report suggests that such a bank could allow America’s poorest big city to use […]