Current:Home > MarketsHow fed up farmers started the only government-run bank in the US -VitalEdge Finance Pro
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-17 05:20:27
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! (6347)
Related
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Florida Governor Ron DeSantis faces Black leaders’ anger after racist killings in Jacksonville
- Could Hurricane Idalia make a return trip to Florida? Another storm did.
- What does Florida’s red flag law say, and could it have thwarted the Jacksonville shooter?
- Trump wants to turn the clock on daylight saving time
- ‘Like Snoop Dogg’s living room': Smell of pot wafts over notorious U.S. Open court
- Generators can be deadly during hurricanes. Here's what to know about using them safely.
- The only defendant in the Georgia election indictment to spend time in jail has been granted bond
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- Trump, other defendants to be arraigned next week in Georgia election case
Ranking
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Myon Burrell, who was sent to prison for life as a teen but set free in 2020, is arrested
- Phillies set to use facial authentication to identify ticketholders
- Unclear how many in Lahaina lost lives as Hawaii authorities near the end of their search for dead
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- Florida power outage map: See where the power is out as Hurricane Idalia makes landfall
- 3M earplugs caused hearing loss. Company will settle lawsuit for $6 billion
- Surprise encounter with mother grizzly in Montana ends with bear killed, man shot in shoulder
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Election deniers rail in Wisconsin as state Senate moves toward firing top election official
Shooting at White Sox game happened after woman hid gun in belly, per report
Longest alligator in Mississippi history captured by hunters
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
The Best Labor Day Sales 2023: Pottery Barn, Kate Spade, Good American, J.Crew, Wayfair, and More
Guatemala’s president-elect faces legal challenges that seek to weaken him. Here’s what’s happening
A Chicago TV crew was on scene covering armed robberies. Then they got robbed, police say.