CFPB Partners with Industry Group to Improve Financial Education

CFPB Financial Literacy

On January 28, the Financial Services Roundtable (FSR) announced a joint initiative with the CFPB to promote effective financial education throughout the country.  The public-private partnership will provide tools and information to develop financial education strategies in three particular areas: (i) K-12 schools; (ii) the workplace; and (iii) communities with older Americans. In prepared remarks, CFPB Director Richard Cordray noted that the Bureau’s joint efforts with the FSR will “create more visibility and focused effort to promote financial education and share promising practices around the country,” “mak[ing] a real difference in the financial lives of all Americans.”