A local credit union is suing San Francisco over taxi medallions, the licenses to operate cabs. The San Francisco Federal Credit Union financed loans so the city could sell medallions to drivers, many of whom are people of color and immigrants. Then the city allowed Lyft and Uber to operate without medallions, crushing the taxi industry. Now drivers can’t pay their loans and are defaulting.

<p>A local credit union is suing San Francisco over taxi medallions, the licenses to operate cabs. The San Francisco Federal Credit Union financed loans so the city could sell medallions to drivers, many of whom are people of color and immigrants. Then the city allowed Lyft and Uber to operate without medallions, crushing the taxi industry. Now drivers can&rsquo;t pay their loans and are defaulting.</p>

KQED serves the people of Northern California with a community-supported alternative to commercial media. We provide citizens with the knowledge they need to make informed decisions; convene community dialogue; bring the arts to everyone; and engage audiences to share their stories.

<p>KQED serves the people of Northern California with a community-supported alternative to commercial media. We provide citizens with the knowledge they need to make informed decisions; convene community dialogue; bring the arts to everyone; and engage audiences to share their stories.</p>

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