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San Francisco Proposition B Would Pave Way for Public Bank

Original: Proposition B Would Lay Groundwork for a Public Bank

San Francisco voters are weighing Proposition B, a ballot measure that would lay the groundwork for a municipal public bank. If passed, the city would take early steps toward establishing a bank owned and operated by the public rather than private institutions, a model supporters say could redirect local funds toward community needs.

Why now: The measure is on a local ballot, prompting debate over whether San Francisco should create a publicly owned bank.

San FranciscoProposition Bpublic banking

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