Could Seattle Take the Next Step Toward a Municipal Bank?

It will be legally complicated.by Heidi GrooverIt's budget season. City of Seattle
If you thought Bob Hasegawa's embarrassing defeat in the mayoral primary was the last you were going to hear about a municipal bank, think again. Seattle City Council member Kshama Sawant wants to allocate $200,000 in next year's budget to study the feasibility of a public bank in Seattle.The study would "focus on the legal issues and implementation details," including the "actual feasibility of a public bank, the