#DivestLA 🌱🌎 Our grassroots campaign succeeded in divesting the City of LA from Wells Fargo in 2017. Next phase: divest from Wall Street @PublicBankLA @calpba
Los Angeles, CA
Joined June 2015
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Wells Fargo officially disqualified from commercial banking services in LA!!! The RFP banking services contact was consented upon by ALL Councilmembers. #FareWellsFargo #DivestLA
Divest LA retweeted
If California had a state public bank, we would've profited over $2B last year, $20B over the past decade, with no new taxes. Imagine what that could fund in our communities!
cmarmitage.substack.com/p/no…
Divest LA retweeted
Standing room only in 93° heat at our Public Banking Gathering in Sacramento & the room stayed packed. That's what momentum looks like!
Huge thanks to our speakers & co-hosting orgs for making it happen. Sacramento showed up for their communities & our public dollars. More soon!
Divest LA retweeted
TOMORROW! On Earth Day 🌎 April 22, we're officially kicking off the CA State Public Bank Bill #AB2243.
Join us on the Capitol West Steps to hear from Asm. @MattHaneySF, Asm. @Ash_Kalra & coalition leaders!
Main Street vs. Wall Street. Let's go!
eventbrite.com/e/ca-state-pu…
Divest LA retweeted
We’re all in & getting ready to launch #AB2243 the California State Bank Act championed by Assemblymembers @MattHaneySF & @Ash_Kalra!
Public dollars should fund what communities need: housing, small business & climate solutions. More soon. Join 80+ orgs!
forms.gle/6a17WCn7SDKX9NYWA
Divest LA retweeted
Big year for LA public banking. Grateful to everyone who kept pushing. 9 City Councilmembers committed funds for the Public Bank plan -- full speed ahead. Catch the latest updates, coverage, and what we’re building next in our December newsletter!
publicbankla.org/news/a-big-…
Divest LA retweeted
People from 39 states, plus supporters tuning in from around the world, joined our Public Banking Coast to Coast webinar!
@SenWarren talked about how public banks can provide low-cost lending for housing & infrastructure, create jobs & strengthen our communities.
Divest LA retweeted
As federal funding for states shrink, people are taking back control, building public banks owned by communities.
Join a national conversation with movement leaders + @SenWarren to reclaim local funds for housing, climate & more!
Nov 19, 12 PM PT/3PM ET
bit.ly/PBC2C
Divest LA retweeted
Our team came together to ground in our next steps to build the LA Public Bank! From living room strategy sessions to Zoom to City Hall, we’ve gone from an idea with no blueprint to a movement reshaping how cities think about money & power. Next, we build! 🔥
Divest LA retweeted
🚨 California Needs a State Public Bank!
Federal cuts are slashing housing, climate & small biz programs. Nearly 40M Californians impacted! A State Bank keeps our money working in CA, lowering costs, protecting funds & expanding credit. Read our latest: bit.ly/CApublicbank
Divest LA retweeted
Coalition leaders @CalOrganize & allies at City Hall urging @CD5LosAngeles & @CD6LosAngeles: agendize the public bank motion & direct CAO to close the funding gap. Every week of delay is capital our communities don’t see--keep LA dollars here for housing, small biz, clean energy.
Divest LA retweeted
Our team and the CalAccount Community Coalition at the State Capitol with hundreds of fast food workers fighting for fee-free bank accounts! 💪🏽🏦
Divest LA retweeted
🚨BREAKING: California State Budget includes $1M for CalAccount! The Legislature will move forward with implementing a first-in-the-nation fee-free public banking option for millions of unbanked & underbanked Californians.
seiuca.org/press-releases/20…
Divest LA retweeted
Join @RepRashida, CA Public Banking Alliance's @tran_scends and leading experts on June 17 at 11am PT for a webinar on how public banking can power guaranteed income, racial equity & community wealth. Don’t miss it!
RSVP: spokeconsulting.zoom.us/meet…
Divest LA retweeted
🚨 BREAKING: The #PublicBankLA is one step closer to reality — and we need YOU on the steps of City Hall this Friday!
May 30 | 8:30 AM 📍 LA City Hall
Join our Council champions + coalition leaders to show LA is ready to invest in people, not Wall Street.
Divest LA retweeted
.@CalOrganize LA crew says: Fund the Public Bank! LA City Council needs a roadmap to cut borrowing costs and avoid deficits, cuts & furloughs. The #PublicBankLA will save money, fund housing, green projects & small biz. Urgent action now can prevent deeper austerity.
Divest LA retweeted
PBLA co-founder @tran_scends launched #PublicBankLA to take back control of our city’s money. In The Urban Activist, she shares how grassroots organizing is powering LA’s push for a public bank that puts our communities before corporate profit. 🏦🌱
theurbanactivist.com/economy…
Divest LA retweeted
📣 How can Los Angeles do more to invest in affordable housing and save money? By establishing a Public Bank! We’ve got Council support, now we need to fund the study. Council needs to hear from you! Show up at City Hall or submit comment: bit.ly/pblabudget25
@publicbankla
ALT TELL CITY COUNCIL: FUND THE PUBLIC BANK NOW The LA City Council needs to hear us- loud, clear, and united. Friday, April 25 at 1PM Van Nuys City Hall Monday, April 28 at 4PM Los Angeles City Hall Talking Points: bit.ly/pblabudget25 RSVP: [email protected] Show up. Speak out for public comment. Let's build the Public Bank LA deserves.
ALT FLOOD THE BUDGET FILE Tell LA: Fund the Public Bank! It's quick and easy-submit your public comment online: city clerk.lacity.org/publiccomment Use our talking points bity.ly/pblabudget25 Select Council File 25-0600 Start your message with: "Fund the Public Bank Feasibility Study."
Divest LA retweeted
📣 We need you to speak up at LA’s budget hearings! The Public Bank plan will save money, invest in affordable housing & LA priorities, and prevent future deficits. We’ve got Council support, now we need to fund the study. Show up or submit comment: bit.ly/pblabudget25
Divest LA retweeted
🚨 LA faces a $1B deficit, yet billions go to Wall Street every year. Why bankroll big banks when we can build our own? A Public Bank would keep LA’s money local, funding homes people can afford, neighborhood businesses & climate-ready upgrades.
Sign on: bit.ly/publicbankla1
