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Add New York Senator Kirsten Gillibrand to the list of big name Democrats who want the U.S. Postal Service to double as a bank. The potential 2020 contender is rolling out legislation today that would require post offices to offer their customers basic financial services, such as checking and savings accounts and small, short-term loans, that many Americans currently can’t access affordably. While the idea of postal banking has been backed by progressives like Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont—both likely presidential candidates—Gillibrand’s bill gives an important policy objective a high-profile, useful boost. Compare Girobank (UK).SlateKirsten Gillibrand Unveils Her Ambitious Plan to Turn the Post Office Into a BankJordan Weissmann
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Mike Norman considers the following as important: postal banking, US Post Office
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Add New York Senator Kirsten Gillibrand to the list of big name Democrats who want the U.S. Postal Service to double as a bank. The potential 2020 contender is rolling out legislation today that would require post offices to offer their customers basic financial services, such as checking and savings accounts and small, short-term loans, that many Americans currently can’t access affordably. While the idea of postal banking has been backed by progressives like Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont—both likely presidential candidates—Gillibrand’s bill gives an important policy objective a high-profile, useful boost. Compare Girobank (UK).SlateKirsten Gillibrand Unveils Her Ambitious Plan to Turn the Post Office Into a BankJordan Weissmann
Topics:
Mike Norman considers the following as important: postal banking, US Post Office
This could be interesting, too:
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Add New York Senator Kirsten Gillibrand to the list of big name Democrats who want the U.S. Postal Service to double as a bank. The potential 2020 contender is rolling out legislation today that would require post offices to offer their customers basic financial services, such as checking and savings accounts and small, short-term loans, that many Americans currently can’t access affordably. While the idea of postal banking has been backed by progressives like Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont—both likely presidential candidates—Gillibrand’s bill gives an important policy objective a high-profile, useful boost.Compare Girobank (UK).
Slate
Kirsten Gillibrand Unveils Her Ambitious Plan to Turn the Post Office Into a Bank
Jordan Weissmann