News

By Alan Pyke, ThinkProgress, April 27, 2018. The popular progressive idea of using the United States Postal Service to help families struggling with their finances escape the trap of predatory [...]

By Daniel Marans, Huffington Post,April 25, 2018. Sen. Kirsten Gillibrand (D-N.Y.) is introducing legislation Wednesday that would require every U.S. post office to provide basic banking [...]

By Ellen Brown, March 16, 2018, TruthDig. The U.S. banking establishment has been at war with the post office since at least 1910, when the Postal Savings Bank Act established a public savings [...]

By Victoria Guida, March 14, 2018, Politico. President Donald Trump and other supporters of the major banking bill that cleared the Senate on Wednesday say they want to rescue the nation’s [...]

By Jordan Weissman, Slate, Jan. 23, 2018. This week offered a small but vivid reminder that we can’t expect banks to serve anybody except their shareholders. On Monday, Bank of America ended a [...]

By Meagan Day, Jacobin, Nov. 20, 2017. Bluff, New Zealand is the southernmost inhabited city in the Eastern Hemisphere. The post office there looks over the Foveaux Strait — if you were to sail [...]

Delegates to the 2017 AFL-CIO Convention unanimously passed Resolution 46 to “Support Postal Financial Services and Postal Banking.” The resolution states that “the AFL-CIO [...]

By Jim Hightower. Originally published by The Austin Chronicle, July 7, 2017. I thought Donnie Trump and his fellow Republicans were big law ‘n’ order politicians. So, why are they [...]

By Aaron Sankin, December 29, 2016, in Reveal. Pawnshops don’t exactly have the best of reputations. Their business model – offering people short-term loans using personal items as collateral – [...]

By J.D. Morris, December 16, 2016, in The Press Democrat. A new study that found payday lenders are concentrated in poorer areas of California is fueling calls from consumer advocates for tighter [...]