Published on Jul 17, 2014 At a July 16 conference hosted by The Pew Charitable Trusts, Senator Elizabeth Warren (MA) shares her support for the U.S. Postal Service Inspector General report proposing that the USPS offer financial services targeted to consumers without access to mainstream, affordable financial products. Senator Warren says that, “It’s not unusual…
Published on Jul 17, 2014 At a July 16 conference hosted by The Pew Charitable Trusts, Congressman Darrell Issa (CA) shares his concerns about the U.S. Postal Service Inspector General report proposing that the USPS offer financial services targeted to consumers without access to mainstream, affordable financial products. Congressman Issa says that, “If our goal…
Adding convenient, low-cost banking services to post offices looked to be dead. Here’s why the picture has changed Though the promising concept of postal banking has frustratingly stalled due to inertia from policymakers, this week things started to move. Rep. Darrell Issa, chairman of the House Oversight Committee, which oversees the Postal Service, previously called postal…
(July 16, 2014) Neither snow nor rain nor heat nor gloom of night will stop the U.S. Postal Service from … providing non-bank financial services? In a January report, the U.S. Postal Service Office of Inspector General proposed that the USPS offer non-bank financial services to consumers who don’t have access to affordable, mainstream financial…
