Wall Street challenger Robert Bye

Photo by Robert Bye.

Headlines from the latest news about public banking and the economy:

Public banking

Postal service crisis — California is ready to pilot a postal banking solution | Thomas M. Hanna and Jeff Olson, The Hill

Readers respond: A state bank would help our economy | David Delk, The Oregonian

KFW emergency liquidity assistance to combat COVID-19 | Dr. Michael Juenemann, Pascal Leitmann, Bird & Bird

Germany: Financial Support during the Covid-19 Crisis: Factsheet for startups and SMEs | PwC

Industrial Commission Approves New Bank of North Dakota COVID Relief Program | Bank of North Dakota

‘After All, It’s Our Money’: Global Climate Campaigners Call for Public Banks to Fund Just Recovery and Green Transition | Kenny Stancil, Common Dreams

Economy

England’s First Land Commission Focused on Community Wealth Building | CLES

‘A tale of two Americas’: How the pandemic is widening the financial health gap | McKenna Moore, Fortune

Extreme poverty set for first rise since 1998, World Bank warns | BBC News

Billionaires see fortunes rise by 27% during the pandemic | Simon Read, BBC News

More than 6M households missed their rent or mortgage payment in September | Jessica Menton, USA Today

Hundreds Of Affordable Housing Units On Chicago’s South Side Are Sold At Auction | Linda Lutton, WBEZ PBS

Naomi Klein: “We Have to Rebuild From the Wreckage of Neoliberalism” | Tribune

Covid-19: UK workers to get 67% of pay if firms told to shut | BBC News

Global Week of Action for Debt Cancellation

Finance in Common: The First Global Summit of All Public Development Banks