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This post very very 1st appeared at ThinkProgress.

The Postal Service (USPS) could spare probably the most economically prone Americans from dealing with predatory financial businesses under an idea endorsed from the week-end by Sen. Elizabeth Warren (D-MA).

“USPS could partner with banks to produce a huge difference this is certainly critical an amazing amount of Us americans whom donРІР‚в„ўt have actually basic banking solutions as you will discover extremely banking that is little or bank branches in their areas,” Warren had printed in a Huffington Post op-ed on Saturday. The op-ed picked right through to a written report through the USPSРІР‚в„ўs Inspector General that proposed utilizing the agencyРІР‚в„ўs considerable infrastructure that is real increase basics like debit cards and small-dollar loans to your precise precise identical communities that the banking industry has broadly speaking ignored. (more…)