Friends,
Postmaster General Louis DeJoy is wrong.
In his new ten-year plan for the U.S. Postal service, the GOP mega-donor and Trump ally cuts office hours, raises prices, and further slows delivery times. The Washington Post called it “the largest rollback of consumer mail services in a generation.”
I have a better plan.
The USPS is clearly in dire need of revitalization. But the answer isn’t to cut service. It’s to expand it through postal banking.
The Postal Banking Act, which I introduced with Senator Bernie Sanders, would provide basic banking services to millions of Americans on the fringes of our financial system, and raise $9 billion a year in revenue that could save the Postal Service.
8,617 more signatures needed by midnight
Add your name to become a Citizen Co-Sponsor of the Postal Banking Act
Postal banking enables post offices to provide basic banking services to the nearly 10 million American households without bank accounts who are forced to rely on costly, fringe financial products. The postal service’s 30,000+ locations service even the most remote communities, and could offer access to ATMs and mobile banking, low-cost checking and savings accounts, and low-interest loans for families in need of a financial bridge to cover basic costs.
It’s an elegant, proven solution that would generate billions for the postal service while addressing the exceedingly high cost of being poor.
But instead of bolstering the postal service, Louis DeJoy seems intent upon gutting it. It’s time for Congress to pass real solutions that would revitalize the postal service and transform our communities.
Please, add your name to become a Citizen Co-Sponsor of the Postal Banking Act today.
Thank you,
Kirsten
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