Senator Gillibrand Announces Postal Banking Legislation

Press Release – April 25, 2018 Gillibrand Announces Major New Legislation To Create A Postal Bank To Wipe Out Predatory Payday Lending Industry Practices, Ensure All Americans Have Access To Basic Banking Services Traditional Banks Do Not Serve Millions of Americans, Particularly Low-Income Americans, Communities of Color, and Rural Communities, Forcing Them to Use High-Cost…

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Postal Banking: An old solution to a new problem (video)

Published on Mar 30, 2016 Today, 40 million Americans do not have access to basic financial services. In this talk, Mehrsa Baradaran, author of “How the Other Half Banks,” envisions a new take on an old banking system and a solution for America’s banking deserts. Mehrsa Baradaran has been is an associate professor at Georgia…

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Two words for Hillary: “Postal banking”

Gail Cornwall – February 28, 2016 As she watches a man with whom she publicly agrees on almost everything be anointed prince of progress, Hillary Clinton feels the burning desire to have her liberalism recognized. It’s an uphill battle, because she doesn’t appear to understand what it’s like to be a working-class American. Two words…

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Video: Discussion on America’s banking system featuring Prof. Baradaran

Published on Oct 9, 2015 In honor of Harvard University Press’ release of Associate Professor Mehrsa Baradaran’s book How the Other Half Banks, there was a breakfast discussion on America’s banking system that featured: Simon Johnson, professor at the MIT Sloan School of Management; Lisa Donner, the executive director of Americans for Financial Reform; David…

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Video: Reenlisting the U.S. Post Office in its historic function of providing bank services

The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to…

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