Democrat congresswoman Alexandria Ocasio-Cortez of New York has made it into the House Financial Services Committee, bringing another left-wing perspective to the committee chaired by Maxine Waters of California.
Here are Ocasio-Cortez’s stated objectives for her tenure on the committee: “Personally, I’m looking forward to digging into the student loan crisis, examining for-profit prisons/ICE detention, and exploring the development of public & postal banking. To start.”
The Campaign for Postal Banking has been agitating for years. This is how the organization describes their cause:
“Postal Banking is simply the provision of low-cost, consumer-driven financial services via the Postal Service. Products and services could range from check cashing to bill payment to savings accounts to small-dollar loans. Postal Banking will benefit consumers who do not have access to traditional banks as well as those who would prefer a more public option. Every other developed country in the world has postal banking. The expansion of services would also strengthen our public Postal Service.”
Bypass Tech Censorship!
Facebook, Twitter and Google are actively restricting conservative content through biased algorithms. Silicon Valley doesn't want you to read our articles. Bypass the censorship, sign up for our newsletter now!
Join the conversation!
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.