Postal News Roundup
Rand Paul Suggests Doing Away with the Postal Service
In a radio interview yesterday, Sen. Rand Paul said that if he were to become president, he would pare down the federal government so much that he might even do away with the U.S. Postal Service.
Will ‘Postal Banking’ Keep More Post Offices Open?
Could local post offices diversify from mail delivery into banking services for Americans not served by conventional banks?
Ralph Nader: For America’s Unbanked: Re-Establishing The Postal Savings Bank – OpEd
The time is ripe to implement postal banking. What is needed is a rising rumble from the people focused on Postmaster General Megan Brennan―who has the authority to act now on implementing surcharge free ATMS, payroll check cashing, bill-paying services and electronic money transfers ―and on Congress to allow loans and other new services.
Bernie Sanders Has a Plan to Reinvent the Post Office. Hillary Clinton Should Steal It.
Up until now, this idea has been advocated mostly by liberals like Sanders (Elizabeth Warren is a big booster), but there's no reason why it couldn't have broad political appeal. If Hillary Clinton wants ideas to help expand economic opportunity for people who are struggling, the fact that tens of millions of Americans can't access banking services is a pretty good place to start.