Glossary/PMA
Glossary | Groups | PMA (Public Money Action)
Public Money Action (PMA) is a Delaware-chartered non-profit corporation with 501(c)(4) social welfare status. It was founded and commenced operations in 2021.
Its mission is promote social welfare through progressive monetary and economic reform.
It is the sister-organization of the MMT Project (MMTx) and the Modern Money Network (MMN), responsible for policy development, political advocacy, and legislative lobbying.
It has made various federal and sub-federal legislative and regulatory interventions, including:
- The #MintTheCoin Campaign (Avoiding Debt Ceiling Crisis via Seigniorage)
- The Automatic Boost to Communities (ABC) Act (Website)
- The Public Banking Act
- Oregon House Bill 2763 (Establishing a Public Banking Task Force)
- Federal Job Guarantee Resolution (Website)
- The Electronic Cash and Secure Hardware (ECASH) Act (Website)
- The Stablecoin Tethering and Bank License Enforcement (STABLE) Act
- The Living Wage for Musicians Act
- The Local Bailout for the Many Campaign (Federal Fiscal Support to State & Local Governments During COVID-19)
- Regulatory Recommendations to the CFPB’s Inquiry into Big Tech Payment Platforms