“US homeowners rush to refinance on lower borrowing costs” – Rob Lewis’ Nuzzel Newsletter on Wed, Jun 12 2019

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California public banking bill clears another state Senate committee as momentum generates a swell of press coverage. Yesterday, California’s Public Banking Act, AB 857, passed the Senate Governance & Finance Committee 4 Aye’s to 3 No’s.. In the extended hearing, Assemblymember David Chiu, the bill’s co-author, emphasized, “Something is truly broken with the present financial system.”

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