Current:Home > NewsHow fed up farmers started the only government-run bank in the US -Prime Capital Blueprint
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-12 18:32:17
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! (91341)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Nick Jonas' Wife Priyanka Chopra and Daughter Malti Support Him at Jonas Brothers' Tour Opener
- A tiny house gives them hope: How a homeless family in Brazil got a fresh start
- At least 20 Syrian soldiers killed in ISIS bus ambush, activists say
- Senate begins final push to expand Social Security benefits for millions of people
- Michael Oher, Subject of Blind Side, Says Tuohy Family Earned Millions After Lying About Adoption
- A central Kansas police force comes under constitutional criticism after raiding a newspaper
- Rebel Wilson's Baby Girl Royce Is Cuteness Overload in New Photo
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 2 Nigerian men extradited to US to face sexual extortion charges after death of Michigan teenager
Ranking
- Federal hiring is about to get the Trump treatment
- Custard shop that survived COVID and car crashes finds sweet success on Instagram
- Peyton Manning's next venture: College professor at University of Tennessee this fall
- Why Millie Bobby Brown Is Ready to Move on From Stranger Things
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Call it 'stealth mental health' — some care for elders helps more without the label
- 'Like it or not, we live in Oppenheimer's world,' says director Christopher Nolan
- Heartbroken Dwayne Johnson Sends Love to Local Heroes Amid Maui Wildfires Recovery Efforts
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Trump assails judge in 2020 election case after she warned him not to make inflammatory remarks
Book excerpt: The Rabbit Hutch by Tess Gunty
'No time to grieve': Maui death count could skyrocket, leaving many survivors traumatized
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Police chase in Milwaukee leaves 1 dead, 9 hurt
Powerball winning numbers for August 12 drawing: No winner as jackpot hits $215 million
James McBride's 'Heaven & Earth' is an all-American mix of prejudice and hope