Christine Desan

“In effect, the way a public bank would operate is it would be saying, we're just going to join the network; the public, the state of Massachusetts, will join the network, and then we'll have the same advantages in lending.”

Christine Desan · said date not stated · reported 2026-10-29

Christine Desan described how a public bank would join the existing banking network to gain lending advantages.

“For me, it came from a design perspective. Why don't we do this obvious thing? Why doesn't the public use the same power of banking that private institutions use?”

Christine Desan · said date not stated · reported 2026-10-29

Christine Desan explained her support for public banking from a monetary system design perspective.

“The reason banks are such great lenders is that they operate in a network,”

Christine Desan · said date not stated · reported 2026-10-29

Christine Desan explained that banks are effective lenders because they operate within a network.