Current:Home > NewsHow fed up farmers started the only government-run bank in the US -ApexWealth
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-12 19:40:51
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! (6183)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Vincennes University trustees vote to expand Red Skelton Performing Arts Center
- Judge rejects Mark Meadows' request to postpone surrender and arrest in Fulton County
- Launch of 4 astronauts to space station bumped to Saturday
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Angels two-way star Shohei Ohtani has UCL tear, won't pitch for rest of 2023 season
- Angels' Shohei Ohtani's torn UCL creates a cloud over upcoming free agency
- What exactly is colostrum, the popular supplement? And is it good for you?
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Subway sold to Arby's and Dunkin' owner Roark Capital
Ranking
- B.A. Parker is learning the banjo
- U.S. job growth wasn't quite as strong as it appeared last year after government revision
- Foo Fighters' Dave Grohl jams with Taylor Hawkins cover band: Watch here
- New gas pipeline rules floated following 2018 blasts in Massachusetts
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Watch Yellowstone wolves bring 'toys' home to their teething pups
- ‘Dune: Part 2' release postponed to 2024 as actors strike lingers
- Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Frozen corn recall: Kroger, Food Lion, Signature Select vegetables recalled for listeria risk
49ers to explore options on Trey Lance after naming Sam Darnold backup to Brock Purdy, per report
The Morning Show Season 3 Trailer Unveils Dramatic Shakeups and Takedowns
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Indian Chandrayaan-3 moon mission makes history after landing near lunar south polar region
Terry Funk, WWE wrestling icon, dies at 79
This summer has been a scorcher. DHS wants communities to plan for more of them