Banking

The only thing that should be "too big to fail" is Congressional commitment to promoting the financial security of all Americans. In order to get banks working for the 99% of Americans who don't own them, Ian will work to:

Establish a national public bank and provide incentives for state and local public banks. Base state banks on the Bank of North Dakota, which returns tens of millions of dollars in annual profit back into state general funds for promoting state and local infrastructure projects.  

Establish a postal banking system to provide basic, low-cost financial services primarily to low-income workers and retirees.  

Restore the provisions of the 1933 Banking Act (commonly referred to as the Glass-Steagall Act) to restrict speculative uses of bank credit.