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H.R. 5179

POSTAL Act of 2014

Providing Opportunities for Savings, Transactions, and Lending Act of 2014 or the POSTAL Act of 2014 - 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.

Referred to the House Committee on Oversight and Government Reform.

Rep. Richmond, Cedric L. [D-LA-2](D-LA)Sponsor
13 cosponsors13 D
13cosponsors1committees3actions5subjects
  • Introduced in HouseJul 23, 2014
  1. IntroReferralH11100

    Referred to the House Committee on Oversight and Government Reform.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House