Should Maryland Establish A Public Bank? | WYPR

Should Maryland Establish A Public Bank?

Feb 12, 2021

Delegate Stephanie Smith

Should Maryland establish a public bank? State Delegate Stephanie Smith of Baltimore City is proposing a task force to explore the idea. She’s driven by how the pandemic brought economic disparities to the surface. How would a public bank work? Could one help close the wealth gap?

Read the 2019 Abell Foundation report about municipal banking here.