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Banking Sector Financial Institutions Financial Literacy

Orrick, Herrington & Sutcliffe LLP

Fed officials emphasize need for progress on financial inclusion

Recently, two members of the Fed, the Vice Chair for Supervision, Michelle Bowman, and Governor Michael Barr, both spoke on the ongoing challenges and opportunities in advancing financial inclusion across the U.S. Both...more

Ballard Spahr LLP

CFPB urges more consumer control over payment methods

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As one of his final actions before resigning last Friday from the Consumer Financial Protection Bureau, Director Richard Cordray sent letters to the chief executives of 29 banks, credit unions, and other financial companies...more

Ballard Spahr LLP

CFPB issues fifth Financial Literacy Annual Report

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The CFPB has issued its fifth Financial Literacy Annual Report to Congress. The report describes the CFPB’s ongoing financial literacy work, “with an emphasis on work during October 2016 through September 2017.”...more

Ballard Spahr LLP

CFPB issues fourth Financial Literacy Annual Report

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The CFPB has issued its fourth Financial Literacy Annual Report to Congress. The report covers the CFPB’s activities to improve consumer financial literacy during the period from October 2015 through September 2016. The...more

Ballard Spahr LLP

CFPB issues report on achieving youth financial capability

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The CFPB has issued a report that describes a new “developmentally informed, skills-based model” for helping youth achieve financial capability. Entitled “Building blocks to help youth achieve financial capability,” the...more

Ballard Spahr LLP

Financial Literacy Highlighted in Director Cordray’s remarks to the American Bankers Association

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Financial literacy was the focus of Director Richard Cordray’s remarks last week at the American Bankers Association Annual Convention. He identified three areas where the CFPB is focusing its efforts and where financial...more

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CFPB issues third Financial Literacy Annual Report

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The CFPB has issued its third Financial Literacy Annual Report to Congress. The report covers the CFPB’s activities to improve consumer financial literacy during the period from June 2014 through September 2015. The report’s...more

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