Current:Home > reviewsHow fed up farmers started the only government-run bank in the US -Finovate
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-25 00:28:48
The idea of a state-run bank in the United States feels like a foreign concept. While public banks are fixtures of the financial system in countries like Canada and Chile, only one state in the U.S. can say they have a public bank. Today, we explore the promises and challenges of public banking in the U.S. and what advocates can learn from 20th century farmers in North Dakota.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (93)
Related
- North Carolina justices rule for restaurants in COVID
- What is distemper in dogs? Understanding the canine disease, symptoms and causes
- Mountain terrain, monstrous rain: What caused North Carolina's catastrophic flooding
- Walz misleadingly claims to have been in Hong Kong during period tied to Tiananmen Square massacre
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- CVS Health to lay off nearly 3,000 workers primarily in 'corporate' roles
- This year’s MacArthur ‘genius’ fellows include more writers, artists and storytellers
- Lana Del Rey’s Wedding Dress Designer Details Gown She Wore for Ceremony
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Katy Perry wears zippered bag dress to Balenciaga's Paris Fashion Week show
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Virginia school board to pay $575K to a teacher fired for refusing to use trans student’s pronouns
- New Jersey offshore wind farm clears big federal hurdle amid environmental concerns
- Adrien Brody Has Iconic Reaction to Kim Kardashian Mistaking Him for Adam Brody
- Travis Hunter, the 2
- Will anyone hit 74 homers? Even Aaron Judge thinks MLB season record is ‘a little untouchable’
- Brittany Cartwright Shares Update on Navigating Divorce With Jax Taylor
- Selena Gomez Shares Honest Reaction to Her Billionaire Status
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
A battered child care industry’s latest challenge? Competing for 4-year-olds.
Wisconsin Democrats, Republicans pick new presidential electors following 2020 fake electors debacle
Mountain terrain, monstrous rain: What caused North Carolina's catastrophic flooding
Taylor Swift makes surprise visit to Kansas City children’s hospital
Adrien Brody Has Iconic Reaction to Kim Kardashian Mistaking Him for Adam Brody
CVS Health to lay off nearly 3,000 workers primarily in 'corporate' roles
Sean 'Diddy' Combs appeals judge's denial of his release from jail on $50 million bond