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Majority of CPAs Do Not Favor a State-Run Bank in New Jersey

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the staff of the Ridgewood blog

ROSELAND NJ, The majority of certified public accountants (CPAs) in a New Jersey Society of CPAs (NJCPA) survey in November, or 85 percent of the 489 members who responded, do not like the idea of having a public bank in New Jersey. The survey was conducted in response to Governor Murphy setting up a 14-member Public Bank Implementation Board (Executive Order No. 91) to develop a plan for such an endeavor within one year.

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