Panelists cast doubts on whether the U.S. Postal Service could provide financial services to the under banked or unbanked during a webcast streamed Wednesday by the Pew Charitable Trusts.
The forum followed a January report from the U.S. Postal Service's inspector general that said the USPS is well positioned to provide the services.
Ryan Donovan, senior vice president for legislative affairs at CUNA, and Dong Hong, regulatory counsel for the Consumer Bankers Association, participated in the event as panelists.
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