So Melissa says a public bank in Rochester would keep money local.

因此，梅丽莎表示，罗彻斯特的一家公共银行会将资金保留在本地。

Major banking associations oppose public banks.

主要银行协会反对公共银行。

The profit of a public bank has been a source of revenue to more considerable states.

公共银行的利润一直是更多重要州的收入来源。

And it's that same government that supervises a public bank.

监管公共银行的也是同一个政府。

For example, public bank deposits would not be insured by the FDIC.

例如，联邦存款保险公司 (FDIC) 不会为公共银行存款提供保险。

She wants to create a public bank.

她想创建一家公共银行。

Now, this is another key difference between public and private banks.

现在，这是公共银行和私人银行之间的另一个关键区别。

Melissa's vision is that a Rochester public bank would team up with private banks and credit unions to finance projects together.

梅丽莎的愿景是罗切斯特的一家公共银行将与私人银行和信用合作社合作，共同为项目融资。

They're lobbying lawmakers in states like New York and municipalities from Los Angeles to Philadelphia to create public banks.

他们正在游说纽约等州以及从洛杉矶到费城等城市的立法者创建公共银行。

In North Dakota, all the money that the state government collects gets deposited at the public bank.

在北达科他州，州政府征收的所有资金都存入公共银行。

But a public bank is owned by a government entity, like a municipality or, in the case of North Dakota, the state government.

但公共银行由政府实体拥有，例如市政府，或者就北达科他州而言，是州政府。

And they also point out that because public banks are not supervised by regulators like the Fed, that makes public banks less safe and more vulnerable to political pressures.

他们还指出，由于公共银行不受美联储等监管机构的监管，这使得公共银行的安全性降低，更容易受到政治压力的影响。

The role of the public bank is to kind of, like, stretch and take risks that banks aren't comfortable making, prove it out and help economic development happen locally.

公共银行的作用是承担银行不愿意承担的风险，证明这一点并帮助当地经济发展。

If such an institution was necessary, he continued, it should be a public bank, owned and managed by the government, not a private concern endowed with special privileges by it.

他继续说，如果有必要建立这样一个机构， 它应该是一家公共银行，由政府拥有和管理， 而不是一家被政府赋予特权的私人机构。