# [#] BREAKING NEWS: The Philadelphia City Council just voted to establish the Philadelphia Public Financial Authority, which lays the foundation for establishing a public bank in our city.
John: Derek has been working for years to make his public banking vision a reality! Will you chip in $10 right now in honor of this incredible first step towards public banking in Philadelphia? [[link removed]]
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Derek understands the challenges that Black and Brown residents face in establishing generational wealth and opening their own businesses in Philadelphia, as they have historically been denied access to credit.
With the creation of a public bank underway, Black and Brown business owners will have access to the money they pay in taxes to start and grow their businesses.
The Philadelphia Public Financial Authority is an incredible first step toward establishing a public bank in our city, but there’s still more work to be done. Chip in today to help Councilmember Derek Green keep up the momentum→ [[link removed]]
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Thank you for all that you do,
Team Green
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