"Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders just put postal banking back where it belongs: high on the agenda of those who seek to create a just and equitable United States. On Thursday, the pair drew national attention with the announcement of their Loan Shark Prevention Act, a sweeping plan to “combat the predatory lending practices of America’s big banks and protect consumers who are burdened with exorbitant credit-card interest rates. The legislation imposes a 15 percent federal cap on interest rates and empowers individual states to establish lower limits.” ...modern-day loan sharks... work on Wall Street, where they make hundreds of millions...and head financial institutions like JPMorgan Chase, Citigroup, Bank of America... Despite what the knee-jerk anti-government echo chamber may tell you, what Americans need now is banking that serves people, not the Wall Street speculators. American Postal Workers Union president Mark Dimondstein...says that the USPS can and should answer the call with “a nonprofit alternative to the big banks”..."