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
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
On July 17, the CFPB published its first annual Financial Literacy Report to Congress. ...more
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
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
The CFPB faces no easy task, but inspiration may be found in similar efforts outside the U.S.
In the world’s financial capital, financial literacy is surprisingly poor. In fact, a recent study published in the Wall...more
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