Current：Home > MarketsHow fed up farmers started the only government-run bank in the US -FinanceMind
How fed up farmers started the only government-run bank in the US
View
Date：2025-04-11 15:28:18
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！ (54)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Nordstrom Rack's Top 100 Fall Deals: Your Guide to Can't-Miss Discounts, Including $11.98 Sweaters
- Meryl Streep and Martin Short Fuel Romance Buzz With Dinner Date in Santa Monica
- Abortion rights group sues after Florida orders TV stations to stop airing ad
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- White powdery substance found outside Colorado family's home 'exploded'; FBI responds
- 15-year-old Kansas football player’s death is blamed on heat
- Rumer Willis Details Coparenting Relationship With Ex Derek Richard Thomas After Split
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Hyundai recalls hydrogen fuel cell vehicles due to fire risk and tells owners to park them outdoors
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Christina Haack Says Ex Josh Hall Asked for $65,000 Monthly Spousal Support, Per Docs
- Broncos best Saints in Sean Payton's return to New Orleans: Highlights
- Murder trial to begin in small Indiana town in 2017 killings of two teenage girls
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- U2's Sphere concert film is staggeringly lifelike. We talk to the Edge about its creation
- Christina Haack Says Ex Josh Hall Asked for $65,000 Monthly Spousal Support, Per Docs
- Lashana Lynch Is Pregnant, Expecting First Baby With Zackary Momoh
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Universal will open fourth Orlando theme park next May
Onetime art adviser to actor Leonardo DiCaprio, among others, pleads guilty in $6.5 million fraud
Texas sues doctor and accuses her of violating ban on gender-affirming care
At site of suspected mass killings, Syrians recall horrors, hope for answers
To cast a Pennsylvania ballot, voters must be registered by Oct. 21
Liam Payne Death Investigation: Authorities Reveal What They Found Inside Hotel Room
Powerball winning numbers for October 16 drawing: Did anyone win $408 million jackpot?