Public Banking Advocates Make Their Voices Heard In Vermont

http://www.popularresistance.org/public-banking-advocates-make-their-voices-heard-in-vermont/

A press release from Vermonters for a New Economy offered a clue to the source of the proposal’s alleged "unpopularity," pointing out that "opposition to the legislation is well-represented on the schedule of [Senate Finance Committee] testimony – Chris D’Elia from the Bankers Association and the Deputy Treasurer are listed, who both oppose the bill, along with Senator Anthony Pollina, one of the bill’s main supporters. No representatives from the public, from the 18 cities and towns who passed a resolution directing the legislature to establish a public bank, or from Vermonters for a New Economy were invited to testify.

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