THE OFFICIAL NO COMMITTEE
NEWS
Coverage of Proposition B — newest first.
San Francisco Chronicle
Endorsement: Vote no on San Francisco’s Prop B to create a public bankThe Chronicle editorial board recommends No, citing no funding plan, hundreds of millions in cost, and tools the city already has.
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The Voice of San Francisco
Public bank debate heats up as San Francisco voters head toward November voteCoverage of dueling Yes and No rallies, including Supervisor Wong and the official opposition making the case against Prop B.
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KQED Forum
Should San Francisco create a public bank?Forum walks through what Prop B actually does — a charter framework with no capitalization — and the risks of a first-of-its-kind city bank.
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San Francisco Chronicle
Why the case for an S.F. public bank makes no senseUC Berkeley law professor Prasad Krishnamurthy argues housing bonds and the Housing Trust Fund already do this work with less risk.
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American Banker
San Francisco to vote on whether to set up public bankTrade coverage of the November vote, the 9–2 Board placement, and Supervisor Wong’s warning that the city has not shown how it would be funded.
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New York Post
San Francisco eyes public bank inspired by North DakotaNational coverage of the unfunded $325 million startup cost, the city’s deficit, and the North Dakota comparison.
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Axios San Francisco
San Francisco could create the nation’s first city-run public bankAxios reports the measure creates a governance framework, not the money, after the Board voted 9–2 to put it on the Nov. 3 ballot.
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