The Los Angeles City Council is one step closer to banning cashless businesses.
The City Council’s Tuesday vote directs a legislative analyst to work with the city’s attorney’s office to create a new policy. The goal is to create more inclusion, allowing everyone – from low-income people denied access to credit cards to unhoused or older people – to participate in the city’s economy and shop where they want.
According to a 2017 report from the Federal Deposit Insurance Corporation, 17% of all African-American households and 14% of Latino households in the U.S. had no bank account. Maria Monroy is a manager at Maria’s Italian Kitchen on Ventura Boulevard. Going cashless is something she and her staff have been seriously considering due to the break-ins that she said are being committed by unhoused people in the alley behind the building.Get Los Angeles's latest local news on crime, entertainment, weather, schools, COVID, cost of living and more. Here's your go-to source for today's LA news.
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