LA Families May Get Up To $1,000 A Month Through The City’s Universal Basic Income Program Los Angeles city officials announced today a universal basic income pilot program, known as the Big:Leap. More than 3,200 low-income families facing extreme financial challenges because of the Covid-19 pandemic who will be chosen at random to receive $1,000 a month for one year starting in January. Do not let neoliberal politicians deny the […]

Los Angeles City Council Authorizes Public Bank Action Plan

From Public Bank Los Angeles: “BREAKING! Back-to-back wins in CA & LA. Los Angeles City Council unanimously approves motion authorizing public bank action plan, the 1st municipal bank in the U.S. #PublicBankLA will reinvest profits in the public interest, putting the power of capital in the hands of the people.The LA public bank will keep […]

Gov. Newsom Signs AB 1177, the California Public Banking Option Act!

From the California Public Banking Alliance, October 4, 2021: HISTORIC! Today Governor Gavin Newsom signed AB 1177, the California Public Banking Option Act, a historic step which sets into motion the creation of the nation’s first public banking option. AB 1177 creates the opportunity to transform our financial services system and to center it on the […]

The Model Minority Myth is an Attack on Working-Class Asians and Pacific Islanders

The Model Minority Myth is an Attack on Working-Class Asian and Pacific Islanders   The Asian American Pacific Islander population is extremely diverse, culturally and economically. According to a recent analysis by the Pew Research Center, Asian household incomes range from $44,400 to $120,000. Subgroups at the low end aren’t represented by the median […]

Join the List of BankCal Endorsers!

Build the movement for economic justice: Endorse AB 1177, the California Public Banking Option Act! For more information about BankCal, Assembly Bill 1177, please visit

Income Inequality in the U.S. Is Rising Most Rapidly Among Asians

Asians displace blacks as the most economically divided group in the U.S. By Rakesh Kochhar and Anthony Cilluffo The full report is available here:

House Panel Approves Bill To Study Slavery Reparations

Get your citizen lobbying gloves on to help right the wrongs of history and win justice. #SolidarityInAction “Here we are today, marking up for the first time in the history of the United States of America any legislation that deals directly with the years and centuries of slavery of African American people who are […]

Visualizing “Wealth Inequality”

When progressives talk about “wealth inequality,” “fair taxation of the wealthy,” or “wealth redistribution,” what do we mean? Here is a website that attempts to demonstrate the disparity with graphics: Average U.S. weekly wage in 1973: $872.44 Average U.S. weekly wage in 2021: $840.08 Jeff Bezos wealth in 2001: $1.5 billion Jeff Bezos wealth […]

Support AB 1177, the California Public Banking Option Act Why BankCal? One in two Black and Latino households, and 1 in 4 California households, are currently unbanked or underbanked, meaning that they lack access to basic financial services. The unbanked and underbanked are paying disproportionately more to access the money they earn, lack secure means to save, and have fewer opportunities to build […]

Support Public Banks

PANA supports Public Banks because we feel that the peoples’ capital should be put to work for the local good, rather than being extracted away from our communities into Wall Street pockets and in turn used to finance the destruction of our communities. Panelists: Trinity Tran (Co-founder & Executive Director, Public Bank LA | […]