HR 4422 · 114th Congress · Government Operations and Politics
POSTAL Act of 2015
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Oversight and Government Reform.(2016-02-01)
Plain Language Summary
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Providing Opportunities for Savings, Transactions, and Lending Act of 2015 [ sic ] or the POSTAL Act of 2015 [ sic ] This bill expands the specific powers of the U.S. Postal Service (USPS) to include the provision of basic financial services, including: (1) small-dollar loans; (2) checking accounts, interest-bearing savings accounts, and services relating to international money transfers, each of which may be provided by the USPS alone or in partnership with depository institutions and credit unions; (3) other basic financial services as appropriate in the public interest; and (4) the creation of a Postal Card that allows users to engage in such financial services.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
12 Democrats