CWA Announces Support for “Yes on Measure B,” the Public Bank of Los Angeles Ballot Initiative

CWA this week announced its support for "Yes on Measure B," a proposed amendment to the city charter to establish the Public Bank of Los Angeles.
The Public Bank of Los Angeles would safeguard the city's assets while providing essential financial services that keep the public's interests front and center.
"Big for-profit banks and Wall Street interests have proven time and time again that they don't have the public's interest at heart and they remain too often unaccountable and unresponsive to the needs and concerns of taxpayers, consumers, and their own employees alike," said CWA District 9 Vice President Thomas Runnion. "We look forward to supporting the 'Yes on Measure B' effort in the homestretch of this election season."