By Nancy Spannaus June 23, 2020—H.R. 6422, the new National Infrastructure Bank bill filed March 31 by Illinois representative Danny Davis, is picking up significant support. Spearheading the effort are representatives of organized labor, who have garnered endorsements in Ohio, New York, and Virginia. A resolution (H.R. 348) calling on […]
By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]
May 28, 2020—Several members of the Ohio State House of Representatives have joined the national movement in support of the establishment of a National Infrastructure Bank (NIB). In doing so, they join members of 17 other state legislatures, many city and county councils, the National Congress of Black Women, the […]
By Nancy Spannaus May 21, 2020—The collapse of the Edenville and Sanford dams in Michigan this week should come as no surprise. On the one hand, the Edenville Dam had already had its license revoked by the Federal Energy Regulatory Commission (FERC), for reasons including the total insufficiency of its […]
April 27, 2020—The National Association of Minority Contractors has joined the movement for the creation of a National Infrastructure Bank (NIB). In a statement issued April 24, the group urged Congress to establish a bank capitalized by existing Treasury debt, which would generate $4 trillion credit dedicated to rebuilding the […]
March 3, 2020—The Legislative Conference of the National Association of Counties (NACo) has gone on record in support of establishing a National Infrastructure Bank. NACo represents the more than 3000 counties in the United States. Its legislative conference was held in Washington, D.C. from Feb. 29 to March 4. On […]
By Nancy Spannaus Feb. 27, 2020—State legislators around the nation – from Arizona to Rhode Island – are campaigning for Federal action to build vital infrastructure. The campaign is taking the form of Memorials calling for the creation of a National Infrastructure Bank, crafted according to the principles established by […]
Dec. 30, 2019—On December 16, the state of Pennsylvania became the most recent state to put a Memorial in support of Congress establishing a National Infrastructure Bank on its agenda. On that day, Democratic Representative Ed Neilson (Philadelphia County) introduced HR 636, A Resolution Urging the Congress of the United […]
By Nancy Spannaus Dec. 21, 2019—As of this writing, the Federal Reserve continues to pour out tens of billions of dollars a day into the Wall Street-centered banks, in the alleged interest of “providing liquidity” in the repo market. Yet, when it comes to providing funds (call it credit) for […]
Sept. 23, 2019—The following resolution was submitted to the Michigan State Senate on Sept. 13. More than a dozen other state legislatures are considering similar resolutions. Over the course of 2019, three state legislatures–Illinois, South Carolina, and Alabama–have passed the resolution. A model draft of legislation for a Federal bill […]
By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]
Lessons Still to Be Learned By Angela Vullo May 31, 2020–Those of us who never bought into the last 50-year economic shift into de-industrialization and financial speculation should not be shocked at the social unrest which has been unleashed in our country. The murder of George Floyd, a Minneapolis black […]
