Karl Beitel

Karl Beitel is a former Visiting Fellow at the Roosevelt Institute and Director of the Public Bank Project.

This paper is a technical companion to “Municipal Banking: An Overview.” It primarily addresses issues pertaining to capitalization, funding, lending, liquidity, and risk. The paper is structured as follows: The first section addresses capitalization and ownership, and mechanisms for incorporation that will ensure that the Bank, once constituted, continues to fulfill its founding policy mandate and

Municipal Banking: An Overview

This report lays out a broad framework for how municipalities can establish, fund, and operate publicly owned municipal banks based on principles of egalitarian, redistributive justice, worker rights, and more ecologically sound urban development. While this paper focuses on the potential for cities to create publicly owned banks, many of the core principles involved also apply

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