Current：Home > MarketsHow fed up farmers started the only government-run bank in the US -AssetPath
How fed up farmers started the only government-run bank in the US
View
Date：2025-04-17 16:16:46
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！ (4)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Boeing firefighters ratify a contract with big raises, which they say will end a three-week lockout
- South Carolina man pleads guilty to first-degree murder in Virginia police officer’s shooting death
- Severe weather continues in Texas with 243,000-plus still without power after recent storms
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Family of Utah man held in Congo coup attempt has no proof he’s alive
- Go Ahead, Let This Guide to Clint Eastwood's Family Make Your Day
- How many points did Caitlin Clark score last night? Fever routed at home by Storm
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- In search of new shows this summer? Here's the best TV to add to your list
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
- Sarah McLachlan struggled to find musical inspiration as a 'wealthy, middle-aged white woman'
- Stegosaurus could become one of the most expensive fossils ever sold at auction
- Sam Taylor
- U.S. hurdler Lashinda Demus will get Olympic gold medal 12 years after she lost to Russian who was doping
- How many points did Caitlin Clark score last night? Fever routed at home by Storm
- Russian court extends the detention of a Russian-US journalist
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Minnesota police officer cleared in fatal shooting of man who shot him first
Ryan Reynolds and Blake Lively Are True Lovers at Taylor Swift’s Eras Tour Show
Go Ahead, Let This Guide to Clint Eastwood's Family Make Your Day
2 killed, 3 injured in shooting at makeshift club in Houston
Red Light Therapy Tools to Combat Acne, Wrinkles, and Hair Loss
What does 'asexual' mean? Exploring the meaning of the 'A' in LGBTQIA
Trump denounces verdict as a disgrace and vows this is long from over after felony conviction