Infrastructure Bank

The new Tappan Zee Bridge across the Hudson River.

Finally, a Hamiltonian Infrastructure Bank 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 […]

by June 14, 2020 3 comments Infrastructure Bank, News
The Ohio State Capitol Building.

Ohio Legislators Urge National Infrastructure Bank

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 […]

The Edenville Dam collapse.

Dam Collapses Should Be No Surprise

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 […]

Construction workers in New York City (Columbia University)

Minority Contractors Want an Infrastructure Bank

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 […]

The NACo Conference

National Association of Counties Backs Infrastructure Bank

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 […]

The Rhode Island State House.

State Legislators Campaign for Infrastructure

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 […]

by February 27, 2020 2 comments Infrastructure Bank, News
The Pennsylvania State Capitol.

Memorial for Infrastructure Bank Introduced in Pennsylvania

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 December 30, 2019 0 comments Infrastructure Bank, News Shorts
Federal Reserve Bank of New York

Trillions for Wall Street, Zip for Infrastructure!

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 […]

by December 21, 2019 0 comments Infrastructure Bank, News
Michigan state house

National Bank Resolution Introduced in Michigan

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 September 23, 2019 0 comments Infrastructure Bank, News Shorts
The recent Amtrak derailment in Washington State--the result of infrastructure on the cheap.

Conditions Overripe for an Infrastructure Bank

By Nancy Spannaus July 24, 2019—Conditions are overripe, so to speak, for the adoption of a $4 trillion dollar National Infrastructure Bank, whose updated text I reprint below. Indeed, any delay will only worsen the consequences of an inevitable collapse of an aspect of our crumbling basic infrastructure, our bloated-to-bursting […]

by July 24, 2019 2 comments Infrastructure Bank, News