Wednesday news roundup: it’s about the money

Lots of financial news this morning: banking, taxes, retirement funds…

Seattle Times reports that Congress may be about to scuttle Council member Tim Burgess’s plan for municipal retirement accounts before he even has a chance to formally introduce it.

Seattle Times, AP, CBS News, KING, and the Puget Sound Business Journal report that Wells Fargo sent the City of Seattle a letter offering to let the city out of its banking services contract immediately.

KUOW and MyNorthwest cover the Council’s approval of funds for SPD’s body-worn video cameras.

Queen Anne News reports that Mac McGregor is running for City Council.

Seattle Weekly discusses the proposed property tax levy to support homeless programs.

Sightline Institute looks at how the city can reform its zoning to increase diversity of housing.

Mass Transit re-ran Dan Beekman’s story looking at a coalition pushing for a local income tax.

KOMO reflects on the 16th anniversary of the Nisqually earthquake, and notes that there are hundreds of buildings still in need of seismic retrofit.

The Urbanist notes that Council member Juarez meets with the Manufacturing Industrial Council today.