PHILADELPHIA—On Tuesday, December 20, 2022, from 4:30 to 5:00 PM, the twenty-third program in the “Financing Philadelphia’s Future” (FPF) series will be presented by the Philadelphia Public Banking Coalition (PPBC).
The general public is invited to participate in this interactive discussion on Zoom at https://us02web.zoom.us/j/85835928783.
All Financing Philadelphia’s Future programs can be viewed on the Coalition’s website at https://philapublicbanking.org/?page_id=249.
Each month, FPF provides an update on matters related to the Philadelphia Public Financial Authority (PPFA) and the creation of a public bank in Philadelphia, responds to questions and comments from participants, and engages in discussion regarding the financing of Philadelphia’s future. This update will report on the status of the PPFA and the public banking project at the end of 2022 and the path ahead during 2023, including the upcoming City elections and the activities the PPFA Working Group.
Nicole Levy
Nicole Levy, a candidate recommended by the City Council to Mayor Kenney for appointment to the initial board of directors for the PPFA, will be our guest. Nicole has devoted her career to the promotion of fair credit practices and other aspects of economic justice, developing expertise in banking law as well as data analytics. She has experience in the regulation of financial services from corporate, nonprofit, and governmental perspectives. She has worked at the Federal Reserve Bank of Philadelphia, the Consumer Financial Protection Bureau, and TD Bank, where she managed the In preparation for 2023 and focus on the mayoral race, Nicole will share analytic snapshots of Philadelphia’s current financial position as well as her top three policy priorities for our next Mayor:
1. Hold a city-wide restorative justice action, calling on stakeholders to acknowledge and repair the economic harms of systemic racism.
2. Create and empower local financial institutions, including a public bank, and implement the Philadelphia Public Financial Authority.
3. Actively Monitor banks to maximize local reinvestment of our deposit dollars and ensure compliance with banking laws.
During the beginning of next year through the primary elections on May 16, 2023, FPF programs will focus on providing candidates for Mayor and other elected offices with opportunities to discuss their vision for “financing Philadelphia’s future” and the role they anticipate for the PPFA and a subsequent public bank. The schedule for these live public conversations will be posted on the PPBC website at https://philapublicbanking.org.bank’s fair lending program. Nicole is a Southwest Philadelphia resident.
