8 O'Clock Buzz

Re-introducing Postal Banking in the 21st Century


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Eight million American households do not have a bank account — but did you know that for half of the 20th century Post Offices provided banking services, until banks lobbied against it. Christopher Shaw, historian and author of a number of postal banking articles including “Could Postal Banking Address Inequality in the Financial System?” talks about Kirsten Gillibrand’s pilot program to re-introduce postal banking to some communities in the U.S.
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8 O'Clock BuzzBy Brian Standing, Haywood Simmons & Michelle Naff, Jan Miyasaki, Tony Castaneda, & Jonathan Zarov

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