Democrats push financial inclusion as 2020 election race heats up

Boosting access to the U.S. banking system is emerging as a prominent theme as Democrats tap discontent over income inequality ahead of the 2020 presidential election. Following the 2008 financial crisis, many banks pulled back from their poorest customers. The shift has had lasting costs for millions of Americans now struggling to access mainstream financial services such as checking accounts and credit cards. Ten years later, Democrats, driven by progressive firebrands like Senators Bernie Sanders, Elizabeth Warren and Representative Alexandria Ocasio-Cortez, see financial inclusion as a draw for voters.

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