The Consumer Financial Protection Bureau took steps this week under its new director, Kathy Kraninger, to significantly curtail a pending rule limiting the worst practices of the payday lending [...]
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 – [...]
