Senator Kirsten Gillibrand (D-New York) has been very vocal about what she thinks needs to be done to battle the economic fallout from the coronavirus crisis. 

The senator told Cheddar Monday that postal banking will be able to serve more people during the pandemic, specifically low-income families, who may be unbanked. 

"It was instrumental in getting us out of the Depression because post offices were able to sell bonds and it made a difference because it allowed more low-income people to have bank accounts," Gillibrand said.

The senator envisions the U.S. Postal Service re-introduce postal banking through its 30,000 locations in a return to a program that served those impacted the most during the Great Depression, a plan to save both the USPS and economically disadvantaged detailed in an op-ed for The New York Times.   

On Friday, President Trump had threatened to withhold aid from the USPS if it doesn't dramatically increase its shipping prices for online retailers. Sen. Gillibrand alleged that his choice to block aid was "fundamentally" related to his resistance to mail-in voting for the November election. 

"He is absolutely fighting this because he thinks he will win only if less people are able to vote, which is obviously very cynical and not what we expect from a president," she said. 

Previously, a fellow Democrat, New York Governor Cuomo, had criticized Gillibrand and Sen. Charles Schumer, also of New York, for failing to provide enough aid to struggling states like their own, but Gillibrand said they have started negotiating the COVID 4 package that will be geared toward state and local governments. 

"Our goal is to allow more cities and states access to federal bailout money," she said. "Hopefully, in this next bill, which will begin in the House and Speaker Pelosi can author it, we will be able to send more money to get the states out of these terrible holes that they can't possibly get out of on their own." 

The senator also has an idea for a "health force" job-training program that would put unemployed people to work in the fight against COVID-19 and allow more communities to get tested.

"We would allow for one million workers to be trained in the next two months to do this contact tracing along with testing," Gillibrand said. "We could actually be in the communities testing everyone. If we did that, that's how we can reopen society and schools in the fall."

Share:
More In Politics
GOP Finds New Playbook in Virginia
The recent Virginia and New Jersey elections are making one trend line pretty clear: voters in this climate will vote on education, and it could be a winning tactic for Republicans. Virginia's race for governor was defined by, as the Republican candidate and eventual winner described it, "school-choice." Florida Governor Ron DeSantis is taking a page out of Governor Youngkin's playbook for his upcoming reelection bid, over-indexing on themes of education. John Kennedy, Florida capital reporter at Gannett, joins Cheddar News to discuss.
Why North Korea Is Suddenly Launching So Many Missiles
North Korea launched its sixth missile test this month, equaling the total number performed in all of 2021. Cheddar News speaks with Bruce Klinger of the Heritage Foundation on why the regime is suddenly ramping up its weapons testing program.
Senator Tina Smith, Lawmakers Call on Biden to Release Student Loan Debt Memo
More than 80 lawmakers are calling for President Biden to release a memo outlining the legal pros and cons regarding the president's authority to cancel student loan debt, the total of which sits around $1.75 trillion. Senator Tina Smith (D-Minn.), joined Cheddar to discuss the memo and support the push to forgive student debt that could potentially have a massive positive impact on the U.S. economy. "I think that would be really helpful for all of us to be able to see as we figure out how we can go forward," she said. "It seems like a simple thing to do, and I hope that the administration will release this memo." For her part, Sen. Smith said she believes the president does have the authority to abolish student loan debt.
Recent Killings of Mexican Journalists Spark Outrage
Dr. Celeste González de Bustamante, professor and director of the Center for Border and Global Journalism at the Univerity of Arizona, and Dr. Jeannine E. Relly, professor and director of Global Initiatives at the Center for Border and Global Journalism at the University of Arizona, join Cheddar News to discuss the recent journalist killings in Mexico.
Joe Kennedy III Pushes Grassroots Voting Protections Through Give Us the Ballot Org
Joe Kennedy III, a former congressman and co-founder of Give Us the Ballot, joined Cheddar News to discuss voting protections in the United States and how his campaign is aiming to fix the issue of voter suppression. "Yes, redistricting is critical — Give Us the Ballot though recognizes it's 'redistricting, and —', because voting rights has an implication for every single election at every single level: school board, mayor, city council, House of Representatives, Senate, president," he said. Kennedy also gave his thoughts about the retirement of Justice Stephen Breyer.
Load More