Create a Postal Bank at all 30,000 USPS locations to give low-income Americans access to basic banking services and end predatory payday lending practices.

Gillibrand announced major new legislation to create a Postal Bank at all 30,000 USPS locations, saying it would give low-income Americans access to basic banking services and end predatory payday lending practices.

She pledged legislation to establish a Postal Bank nationwide through USPS locations in order to expand basic banking access and curb payday lending abuse.

Gillibrand Announces Major New Legislation To Create A Postal Bank To Wipe Out Predatory Payday Lending Industry Practices, Ensure All Americans Have Access To Basic Banking Services
primary · press_release · model gpt-5.4-mini

U.S. Senator Kirsten Gillibrand today announced major new legislation to create a Postal Bank, which would establish a retail bank in all of the U.S. Postal Service’s 30,000 locations. The Postal Bank would effectively end predatory payday lending industry practices overnight by giving low-income Americans, particularly communities of color and rural communities, access to basic banking services.

This is the campaign-era promise itself: Gillibrand publicly pledged to create a postal bank at all USPS locations and framed it as a way to curb payday lending.

never same_term A for effort

Gillibrand Announces Major New Legislation To Create A Postal Bank To Wipe Out Predatory Payday Lending Industry Practices, Ensure All Americans Have Access To Basic Banking Services
primary · model gpt-5.4-mini · confidence 98%

Sponsor: Sen. Gillibrand, Kirsten E. [D-NY] (Introduced 04/25/2018). Latest Action: 04/25/2018 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Tracker: Tip This bill has the status Introduced.

Gillibrand did introduce a postal banking bill in Congress, but the official status shows only introduction and referral, not enactment.

partial same_term A for effort

S.2755 - 115th Congress (2017-2018): Postal Banking Act
secondary · model gpt-5.4-mini · confidence 99%

Sponsor: Sen. Gillibrand, Kirsten E. [D-NY] (Introduced 03/22/2022). Latest Action: 03/22/2022 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Tracker: Tip This bill has the status Introduced.

Gillibrand reintroduced the Postal Banking Act, but the official record again shows only introduction and committee referral.

partial later_term A for effort

S.3891 - 117th Congress (2021-2022): Postal Banking Act
secondary · model gpt-5.4-mini · confidence 99%

Gillibrand has long pushed for her legislation, the Postal Banking Act, which would create a postal bank to provide low-cost basic financial services to people who simply do not have access, or have limited access, to America’s banking system. ... "This is a great first step toward creating a postal bank," said Senator Gillibrand.

Gillibrand described USPS pilot programs as only a first step toward the postal bank she wanted, indicating the promise had not yet been fully delivered.

partial later_term A for effort

Gillibrand Statement On Postal Banking Pilot Program
secondary · model gpt-5.4-mini · confidence 91%

Sponsor: Sen. Gillibrand, Kirsten E. [D-NY] (Introduced 12/19/2024). Latest Action: 12/19/2024 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Tracker: Tip This bill has the status Introduced.

The latest official congressional record still shows only introduction and referral, with no enacted postal banking law by the end of the 2024 Congress.

never later_term A for effort

S.5627 - 118th Congress (2023-2024): Postal Banking Act
secondary · model gpt-5.4-mini · confidence 99%