Current:Home > MarketsHow fed up farmers started the only government-run bank in the US -Wealth Empowerment Zone
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-14 07:48:16
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! (4459)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Mount Everest pioneer George Mallory's final letter to wife revealed 100 years after deadly climb: Vanishing hopes
- Chicago’s ‘rat hole’ removed after city determines sidewalk with animal impression was damaged
- The unfortunate truth about maxing out your 401(k)
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- Columbia University making important progress in talks with pro-Palestinian protesters
- Christina Applegate Suffering From Gross Sapovirus Symptoms After Unknowingly Ingesting Poop
- I’m watching the Knicks’ playoff run from prison
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Guard kills Georgia inmate at hospital after he overpowered other officer, investigators say
Ranking
- Louisiana high court temporarily removes Judge Eboni Johnson Rose from Baton Rouge bench amid probe
- Ex-Connecticut city official is sentenced to 10 days behind bars for storming US Capitol
- Pro-Palestinian student protests target colleges’ financial ties with Israel
- USDA updates rules for school meals that limit added sugars for the first time
- In ‘Nickel Boys,’ striving for a new way to see
- What is record for most offensive players picked in first round of NFL draft? Will it be broken?
- Pitbull announces Party After Dark concert tour, T-Pain to join as special guest
- Weapons chest and chain mail armor found in ancient shipwreck off Sweden
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Billie Eilish Details When She Realized She Wanted Her “Face in a Vagina”
Courteney Cox Reveals Johnny McDaid Once Broke Up With Her One Minute Into Therapy
Jason Kelce Clarifies Rumors His Missing Super Bowl Ring Was Stolen
Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
Finding a financial advisor can be daunting. We rank the top firms.
Kyle Rittenhouse, deadly shooter, college speaker? A campus gun-rights tour sparks outrage