Who We Are

 


Organized resistance with a local-first approach. Democratic power mobilized behind progressive legislation.

REVOLUTION LA is a volunteer-led grassroots organization founded in 2014. Our mission is to transform the City of Los Angeles’ political and economic framework through grassroots organizing and progressive legislative advocacy. We seek to radically reconstruct the pillars of municipal governance to serve the needs of the people and planet, creating and advocating for ambitious and systemic public policy solutions. Whether on the city streets or in City Hall, our approach is straightforward: we strategize, we innovate, we mobilize- then we act.

Revolution LA created the Divest LA campaign in February 2017. Our aim was to push the City of Los Angeles to divest the city’s public funds from Wells Fargo due to its long history of corrupt and unethical banking practices. After a hard-hitting grassroots campaign led by millennials and allies, LA City Council unanimously voted to begin the process to divest $40 million in holdings from Wells Fargo, in addition to a comprehensive overhaul of the city’s financial framework.

The Divest LA coalition achieved its second victory in December 2017 with LA City Council voting unanimously to approve a strengthened Request for Proposal (RFP) banking contract, effectively disqualifying Wells Fargo from the City's commercial banking services because of the bank's downgraded Federal Community Reinvestment Act (CRA) rating. As a direct result of Divest LA's citizens' lobbying and advocacy, LA City Council approved a 30-point Social Responsibility criteria for banks bidding for services, making this the most progressive RFP contract in the nation.

In June 2017, we created the Public Bank LA initiative for the creation of a municipal public bank in Los Angeles. A city-owned back would sever all ties with Wall Street and create local determination of our public finances, redirecting banking profit to benefit the community instead of private bankers. Our groundwork with the Divest LA and Public Bank LA campaign paved the path for public banking in Los Angeles, leading to LA City Council introducing a motion to begin the research for a municipal bank.

Revolution LA is now leading the efforts on the public banking ballot measure- a historic campaign to create the nation’s first municipal public bank. On November 6, 2018, for the very first time in U.S. history, public banking will be on the ballot, giving Los Angeles voters an opportunity to create the foundation for a Municipal Bank of Los Angeles.