Banks Didn't Cause The Shutdown — Why Are They On The Defensive?
During the most recent government shutdown, many banks felt cornered into playing defense. While the banks are not at fault for the government closure, Americans are certainly relying on them to help them get through it. And at a time when faith in the banking system is low among Americans, this is a difficult challenge to come out on top of. To be sure many banks have taken effective action to help their customers, but will it be enough to reverse the negative stigma?