Postal Banking Act

Summary

Official

Postal Banking Act This bill grants the U.S. Postal Service (USPS) the power to provide basic financial services, including low-cost, small-dollar loans, in specified amounts; small dollar lending servicing, which shall ensure that the customer's access to the products and the public interest is given significant consideration; small checking...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(3/22/22)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mrs. Gillibrand

Senate (D) New York

Cosponsors (2)

Merkley

Senate (D) Oregon

Sanders

Senate (I) Vermont

Topics

Government Spending & Operations

Business & Finance

Latest Action

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Mar 22, 2022