Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Wednesday, March 12, 2014

CFPB Director Addresses Financial Education

At the President’s Advisory Council, CFPB Director Richard Cordray discusses financial education and his hopes for its integration into education curriculums. Cordray noted that, though the bureau is doing all they can to ensure consumer financial markets are working better for consumers, “the best form of consumer protection is self-protection, which means helping people avoid problems in the first place and knowing how to address problems when they do occur.”

Some recommendations for improving financial education are to start financial education at a young age, to engage and support teachers who are interested in teaching personal financial management, and to promote financial education at home.

Read the Cordray’s speech.

No comments:

Post a Comment

Please read our comment policy before making a comment.