Imagine an economic collapse in which millions of people lose half of their life savings and their trust in the country’s largest financial institutions is severely shaken. To help restore trust in the financial sector, the government creates a savings system operated by its postal administration. Sound unrealistic? Maybe so, until you remember that the U.S. Post Office Department offered a government-backed savings system to Americans for more than half the twentieth century.
As the infographic indicates, it was a busy six-month period for us. The number of published reports in this period reflects a return to business as usual after the partial government shutdown in early 2019 delayed release of some reports until the second half of the fiscal year.