Public Bank NYC
@publicbanknyc.bsky.social
A broad-based coalition calling on NYC to divest from Wall Street and establish a public bank, as part of a broader vision for economic and racial justice.
The bank, not the payer, is responsible for ensuring reversals follow the rules. It’s outrageous that Citibank approved an $80 million reversal seemingly without proper justification—especially for an account as large as the NYC government, which moves billions in funds each year through the bank.
February 14, 2025 at 11:19 PM
The bank, not the payer, is responsible for ensuring reversals follow the rules. It’s outrageous that Citibank approved an $80 million reversal seemingly without proper justification—especially for an account as large as the NYC government, which moves billions in funds each year through the bank.