Yesterday, the House of Representatives adopted an amendment backing the Postal Service’s expanding its offering of postal financial services. Introduced to a federal appropriations bill, [...]
On Thursday, postal workers in Cleveland had a special delivery for Postmaster General Megan Brennan. Joined by Representative Marcy Kaptur and a number of community allies, the postal workers [...]
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 [...]
Why We Need Postal Banking December 17, 2015 Tens of millions of seniors rely on the US Postal Service as one of the most trusted institutions in America. It’s the perfect fit to offer [...]
Why We Need Postal Banking December 17, 2015 Read below for compelling personal stories from all over the United States that show the predatory nature of pay day loans and the difficulty of using [...]