Called it

Some encouraging news from this developing situation for the Mission and all those who see Jackie Fielder as a key leader on public banking and progressive issues more broadly. bsky.app/profile/miss...

Bon appetit. #billionairesrow #nokings

Best wishes for Jackie Fielder’s health and hoping she recovers soon.

The Organizers and Officials Behind San Francisco’s Push for a Public Bank A city-owned public bank that would hold local taxpayer dollars and finance affordable housing and other public needs that conventional banks aren’t meeting.

nextcity.org/urbanist-new...

Tough news for supporters of public banking in San Francisco and to some extent elsewhere. Jackie Fielder has been a leader on this issue for the past decade or so.

Is it possible that the loudest/most influential and most well funded abundance groups have real estate industry funders who A) they are afraid of pissing off and/or B) are actively squashing any potential such positioning on those policies?

Banking Is Too Important to Leave to the Bankers - WORT-FM 89.9 Zoe Sullivan is in conversation with Don Morgan and Oscar Perry Abello about the benefits of public banking.

🎙️Behind strong communities are strong community banks, but there aren't enough of them. On today's show Dan Morgan of the Bank of North Dakota and @oscarthinks.bsky.social discuss the future of public banking.

Listen here: www.wortfm.org/banking-is-t...

Banking Is Too Important to Leave to the Bankers - WORT-FM 89.9 Zoe Sullivan is in conversation with Don Morgan and Oscar Perry Abello about the benefits of public banking.

Have a listen and tell me what you think!

www.wortfm.org/banking-is-t...

I talked about how a small but growing number of activists and policymakers see BND as a model worth emulating in places that could not be more different than North Dakota as a way to help local banks and credit unions compete in the era of Too Big To Fail™ banks.

Don talked about how the Bank of North Dakota partners w/ community banks & credit unions across the state to make credit more accessible & more affordable to farmers & local business owners, not to mention small towns & rural counties who may not have much access to municipal bond markets.

So much fun joining host Zoe Sullivan for today's episode of @apublicaffair.bsky.social on WORT-FM radio in Madison, Wisconsin.

A real honor to be in conversation w/ Don Morgan, CEO of the Bank of North Dakota, the oldest & for many decades last remaining state-owned bank in the country.

👀

Where can I find the fucked up history behind Ward 2

Oakland Figure Skater Alysa Liu’s Gold Medal Story Has a Surprising Lesson for Cities A joyful, ebullient performance on ice provides a reason to look back at a landmark community investment program that no longer exists.

A gold medal outcome for community investment models.

I used to worry more about whether that reduces the power & reach of my own work b/c I try to avoid those kinds of narratives that more prominent journalists than me seem to gravitate toward.

I worry less and less about that over time. Now even less than ever. Still a hard thought to shake.

I don’t have all the answers, and I can’t say I know for sure I’ve stuck to this standard perfectly every time but one thing I’ve tried to do in my work as a journalist is keep the focus on systems & institutions & how people move & act within them. It’s never about just one person or business.

A Statement from Dolores Huerta March 18, 2026

Let’s also hold ourselves responsible as the media.

Organizers should never have to make a calculated move to keep violence a secret b/c speaking up will reduce their movement’s power b/c the media love heroes, strong men especially they can build a story around.

medium.com/@dolores_hue...

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CDFI Assets Fell For The First Time In Years. Here’s What That Really Means. Credit unions serving low-income populations are increasingly letting their CDFI certification lapse. But they’re not retreating from their mission.

When it comes to the complexities of finance—especially the good kind—there's no one I trust more than @oscarthinks.bsky.social to explain what's really going on.

The latest example:

Three Years In, America’s First New Black-Led Bank in 20 Years Is Picking Up Steam Adelphi Bank in Columbus has grown to $100 million in total assets by leaning into what community banks do best.

Three years ago, Adelphi Bank in Columbus, OH opened its doors to become the first new African American-designated bank since 2003. It's since grown to $100 million in assets, including $23 million in construction loans & $35 million in commercial real estate loans. nextcity.org/urbanist-new...

Black Commercial Corridors Are Still Banking On Culture From West Oakland to Birmingham, historic commercial districts in Black neighborhoods are using cultural preservation to drive community investment.

These organizers are working not on neighborhood "preservation," not on "revitalization," but "revival."

Reported by @nextcity.org's @oscarthinks.bsky.social, here's what that means to them.

If Wallace stayed down the shore at his grandma’s 😭😭😭

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Are there *any* Republican Party leaders who have denounced this or Rep. Ogles' similarly straightforwardly anti-Muslim posts?

Per Politico, nothing from Johnson or Thune yet.

www.politico.com/live-updates...

Take that for what you may. Remember when Silicon Valley Bank & Signature Bank failed, many believed it validated the idea that only "too big to fail" banks were safe enough for their money. What do they say now?

Meanwhile, actual community banks did okay despite that sentiment going around 🤷🏻‍♂️

Out of $1.4 trillion in bank loans to non-depository financial institutions:

83% comes from just the 25 largest banks
43% comes from the just largest 4 banks (Chase, B of A, Wells Fargo, Citi)

Meanwhile only 2% comes from the 3,900 FDIC-defined community banks.

banks.data.fdic.gov/bankfind-suite

Turns out, bank loans to non-depository financial institutions is the fastest growing loan category. It's now up to $1.4 trillion & counting. That's 10% of all loans from all ~4,000 banks across the country.

But! A small number of banks makes most NBFI loans.

www.fitchratings.com/research/non...

US Banking Regulators Finalize Nonbank Lending Reporting Requirements | Insights | Mayer Brown On May 22, 2024, the US federal banking regulators finalized a new set of reporting requirements for bank loans and commitments to fund finance

For many decades, regulators did not ask banks to report loans to non-depository financial institutions. That finally changed under the Biden administration, and the new reporting requirements began in Q1 last year. www.mayerbrown.com/en/insights/...