Should New Jersey Create a Public Bank?
November 26, 2019
In this episode, we talk with NJ Spotlight reporter John Reitmeyer about the controversial issue of creating a state-owned bank in New Jersey. Governor Murphy recently issued an executive order establishing a State Bank Implementation Board tasked with creating an outline of what types of loans such a bank would issue and how it would operate. Listen to learn more about the details as well as what those who support the idea and those who oppose it are saying.
John Reitmeyer is the budget and finance writer with NJ Spotlight News and covers the annual New Jersey budget, the public-employee pension system, tax policy and more. He has received numerous honors and awards including most recently first-place recognition from the New Jersey Press Association for specialty writing in 2020. He has appeared as a guest on CNN, CBC, Fox, MSNBC, and News 12 New Jersey, and now analyzes tax and budget issues on a regular basis for NJ Spotlight News' evening broadcasts. Mr. Reitmeyer received his Bachelor of Arts Degree from The College of New Jersey.
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