New York City Council Finance Committee Hearing on National Infrastructure Bank
December 27, 2024
On December 19, 2024, the New York City Council Finance Committee sponsored a hearing on Resolution 11 in support of H.R.4052, the National Infrastructure Bank Act. Resolution 11 passed the committee, and then, passed the entire city council later that day. H.R.4052 ended the 118th U.S. Congress with 48 sponsors. Watch hearing here.
Speakers at the hearing included Dr. Nomi Prins, author, and former Managing Director Goldman Sachs; Assemblywoman Jo Anne Simon, 52nd Legislative District NY; Alphecca Muttardy, former Senior Economist International Monetary Fund; Stanley Forczek, Infrastructure Consultant, 30-year Executive Amtrak Corporation; and Gene Binder, Executive Board New York Progressive Action Network (NYPAN), Bronx, NY.
The resolution was sponsored by Crystal Hudson, Brooklyn’s Council District 35 (Crown Heights, Fort Greene). The hearing was chaired by Justin Brannan, Brooklyn’s District 47 (Bay Ridge, Coney Island). Both council members penned an OpEd published by Empire Report on December 21, 2024. Read OpEd here.
Coalition for a National Infrastructure Bank
P.O. Box 1029
Leesburg, VA 20177
info@nibcoalition.com