Financial Literacy

News & Analysis as of

Cordray emphasizes federal and local government cooperation on financial literacy

Director Cordray spoke at the Financial Literacy and Education Commission (FLEC) Field Hearing this week, emphasizing the federal government’s role as the nation’s single largest employer. In order to lead by example,...more

FDIC White Paper Assesses Use Of Mobile Financial Services To Reach Underserved

On April 24, the FDIC hosted a meeting of its Advisory Committee on Economic Conclusion, during which FDIC staff presented a white paper on the potential for mobile financial services (MFS) to reach unbanked and underbanked...more

Director Cordray calls for public and private sector businesses and organizations to help employees with their financial lives

On February 25, the Financial Literacy and Education Commission (FLEC) held a field hearing as part of America Saves Week to discuss financial education in the workplace, including how to deliver financial education to...more

CFPB proposes information collection on financial well-being

The CFPB has issued a proposal to conduct a new information collection titled “Development of Metrics to Measure Financial Well-being of Working-age and Older American Consumers.”...more

CFPB Outlines Financial Literacy Strategy In Report To Congress

On July 17, the CFPB published its first annual Financial Literacy Report to Congress. ...more

CFPB issues first Financial Literacy Annual Report

The CFPB has issued its first Financial Literacy Annual Report to Congress. The report covers the CFPB’s activities and strategies to improve consumer financial literacy during the period from July 21, 2011 through June 15,...more

"Money Smart for Older Adults" Provides Valuable Information for All Consumers

On June 12 the Federal Deposit Insurance Corporation (“FDIC”) and Consumer financial Protection Bureau (“CFPB”) jointly launched a new financial resource tool, “Money Smart for Older Adults”, with the goal of helping older...more

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