Bank of Los Angeles: A Pet Project That Won’t Die
LA WATCHDOG--In November of 2018, 56% of the City’s voters rejected Charter Amendment B that would have allowed the City to establish a municipal bank despite the measure being endorsed by 170 organizations and members of the political establishment, including Mayor Eric Garcetti and 12 members of the City Council, including then City Council President Herb Wesson, the prime mover of this ballot measure.

