L.A. City Council Votes 11-3 to Identify $460,000 for Public Bank Study by SP Team October 22, 2026 0 Incident Date: October 21, 2026Incident Location: Los Angeles City Hall, Los Angeles, CA The Los Angeles City Council voted 11-3 on Oct. 21 to move toward identifying $460,000 for a public bank feasibility study; the vote does not create a bank.