There are so many unbanked people in the U.S. that I wonder whether local governments should step in to address the problem, because the private market has clearly failed to serve these people.
https://www.pewhispanic.org/interactives/unauthorized-immigr...
How many?
> local governments should step in to address the problem
What do you suggest they do?
8.4M unbanked people. A publicly-owned bank might do them a lot of good, especially in areas that are underserved by credit unions.