Action of the Week
Invite Your Legislators to Learn about Sovereign State Banks
January 20, 2025
“Today, North Dakota has per capita the most community banks of any state in the nation. This is because they can partner with BND and have access to capital they would not otherwise have…. As the state’s bank, BND fulfills on its mission by first managing risk on behalf of the state and then investing back into the state.”
~ Bank of North Dakota (BND), October 2024
Action of the Week, January 20, 2025
In January, Catherine inaugurated Solari’s monthly online briefings for state legislators and officials and their staff, with financial planner Tim Caban joining her to brief attendees on the “Bitcoin Reserve” fraud. The state leaders and staff who attended appreciated the opportunity to peel back the propaganda on this topic and have their questions answered.
The next briefing, featuring Catherine and world-renowned banking expert Richard A. Werner, is scheduled for Thursday, February 13 from 12:00-2:00 pm ET. The two will follow up on their recent conversation about “Organizing a Sovereign State Bank,” helping legislators understand why one or more sovereign state banks are an excellent idea. They also will answer attendees’ questions about some of the nuts and bolts involved in establishing such a bank. Currently, the only sovereign state bank in the U.S. is the century-old Bank of North Dakota, which offers a superlative role model for other states.
For your Action of the Week, we suggest that you call or write to your state legislators or other relevant state leaders and invite them (or their staff) to attend the February briefing. They are likely to appreciate this unique opportunity to learn from and dialogue with two top-tier financial experts. Solari subscribers can attend if their legislator, other official, or their staff is attending.
Contact your legislator or official using our template letter HERE. Also consider giving your representatives a copy of What the States Can Do, which provides examples of legislative and administrative actions taken toward the creation of a state bank, as well as outlining numerous other state-level actions that can build the legal and financial infrastructure for financial freedom.
Reserve a spot at the February briefing: ElizabethMurphyTN@protonmail.com
Note: A recorded version (edited to include only the Solari side of the briefing) will be published for Solari subscribers, who are authorized to share it with their state officials.
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