Current:Home > reviewsHow fed up farmers started the only government-run bank in the US -Ascend Finance Compass
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-11 13:04:20
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! (78327)
Related
- Buckingham Palace staff under investigation for 'bar brawl'
- Holiday Traditions in the Forest Revive Spiritual Relationships with Nature, and Heal Planetary Wounds
- Elon Musk launches new AI company, called xAI, with Google and OpenAI researchers
- Educator, Environmentalist, Union Leader, Senator, Paul Pinsky Now Gets to Turn His Climate Ideals Into Action
- Average rate on 30
- A 3M Plant in Illinois Was The Country’s Worst Emitter of a Climate-Killing ‘Immortal’ Chemical in 2021
- Why Travis King, the U.S. soldier who crossed into North Korea, may prove to be a nuisance for Kim Jong Un's regime
- RHOM's Guerdy Abraira Proudly Debuts Shaved Head as She Begins Chemotherapy for Breast Cancer
- All That You Wanted to Know About She’s All That
- Pennsylvania Advocates Issue Intent to Sue Shell’s New Petrochemical Plant Outside Pittsburgh for Emissions Violations
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- After Explosion, Freeport LNG Rejoins the Gulf Coast Energy Export Boom
- EPA Announces $27 Billion Effort to Curb Emissions and Stem Environmental Injustices. Advocates Say It’s a Good Start
- Tesla board members to return $735 million amid lawsuit they overpaid themselves
- Meet first time Grammy nominee Charley Crockett
- Apple iPhone from 2007 sells for more than $190,000 at auction
- Biden administration unveils new U.S. Cyber Trust Mark consumer label for smart home devices
- Barbie has biggest opening day of 2023, Oppenheimer not far behind
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Gov. Moore Commits Funding for 67 Hires in Maryland’s Embattled Environment Department, Hoping to Fix Wastewater Treatment Woes
Get a 16-Piece Cookware Set With 43,600+ 5-Star Reviews for Just $84 on Prime Day 2023
After Explosion, Freeport LNG Rejoins the Gulf Coast Energy Export Boom
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Kourtney Kardashian Proves Pregnant Life Is Fantastic in Barbie Pink Bump-Baring Look
A 3M Plant in Illinois Was The Country’s Worst Emitter of a Climate-Killing ‘Immortal’ Chemical in 2021
Exxon Accurately Predicted Global Warming, Years Before Casting Doubt on Climate Science