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COVID-19 exposes why the Postal Service needs to get back into the banking business

  • Written by Melanie G. Long, Assistant Professor of Economics, The College of Wooster
COVID-19 exposes why the Postal Service needs to get back into the banking businessThe USPS could do more than deliver mail.AP Photo/Matt Rourke

Financial services play a major role in the economic lives of most Americans, from the moment their paychecks are directly deposited into a bank account to the loan taken out to buy their first home or car.

Yet over 12 million people – about 6% of U.S. adults – cannot access...

Read more: COVID-19 exposes why the Postal Service needs to get back into the banking business

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