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New Coalition, ‘Campaign for Postal Banking,’ Launches with Strong Support from Financial Reform Groups and Labor Unions

01/19/2015 - Financial reform groups, joined by postal unions and others from organized labor, announced today the creation of a national campaign to expand banking services. “The Campaign for Postal Banking” proposes to expand access to affordable financial services through the United States Postal Service’s 31,000 retail branches.

APWU Web News Article 010-2015

Postal Unions, Allies Launch ‘Campaign for Postal Banking’

01/19/2015 - A coalition of consumer organizations, financial reform groups, faith-based organizations and workers' representative – including the APWU and the other postal unions – announced the formation of the Campaign for Postal Banking on Jan. 19. The coalition is calling on the U.S. Postal Service to expand access to affordable financial services through its 31,000 neighborhood retail offices. The launch of the campaign is timed to coincide with the celebration of Martin Luther King Jr. Day and the release of a report titled State of the Dream 2015: Underbanked and Overcharged.

Alliance for Retired Americans Friday Alert

Budget Committee Chairman Tom Price Has Social Security in his Crosshairs

01/16/2015 -

Rep. Tom Price (R-GA), the new House Budget Committee chairman, hinted to the Heritage Foundation on Monday that he has big plans for Social Security “reform” in the next two years, according to the Atlanta Journal-Constitution and the Talking Points Memo blog. Price mentioned means-testing and increasing the eligibility age as possibilities. He also suggested that privatizing Social Security is a possibility (http://tinyurl.com/n67l7nfhttp://tinyurl.com/mqx6ovp).

“With Chairman Price’s comments this week, and Senate Majority Leader Mitch McConnell hinting at a Grand Bargain last week, there definitely seems to be a House-Senate consensus and a plan to cut Social Security,” said Richard Fiesta, Executive Director of the Alliance.

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