California Tackles Banking Accessibility With New Bill
California has a new bill designed to offer households free financial services, taking on the state's powerful banks at a time when easier access to banking services could help families cope with the COVID-19 pandemic.
by Margot Roosevelt, Los Angeles Times
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April 6, 2021
Banking can be expensive, especially for low-wage workers.
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California lawmakers has signed on to a new bill designed to offer Golden State households free financial services, taking on the state's powerful banks at a time when easier access to banking services could help families cope with the economic fallout of the COVID-19 pandemic.