Bramnick asks if New Jerseyans really want politicians to run a state bank

Bramnick asks if New Jerseyans really want politicians to run a state bank

Jon Bramnick

TRENTON, N.J. – Assembly Republican Leader Jon Bramnick said that politicians should not be running a state bank while state finances are a mess.

“Murphy wants to create a government bank. That is a very, very, very bad idea,” said Bramnick (R-Union). “Do you really want New Jersey to manage a bank? We have over $200 billion in underfunded liabilities and debt. That is not a good record. New Jersey politicians are not bankers and never should be. Governor Murphy is absolutely wrong. Call Governor Murphy now and tell him, ‘no state bank.’”

* Call the Governor’s Office at: (609) 292-6000.