We’re excited to host a twitter chat about older Americans and money on May 9, 2013 from 3-4 p.m. EDT.
We’ll have financial experts taking questions on what older Americans can do to find out if their financial advisers are really experts in their needs.
To participate, tweet questions with the hashtag #SeniorMoney and follow us @CFPB.
Earlier this week, we hosted a Twitter chat along with Kids.gov. Financial experts, authors, and parents joined the #MoneyTalk and shared ideas and resources for talking to kids about money.
One question we saw frequently had to do with bringing up the topic of money for young kids. There were great ideas and suggestions in the chat. One thing you can try the next time you’re at the store is showing them the price tags and discussing how much their favorite foods cost. Let them watch as you check out, and if you pay in cash, let them hand the money to the cashier and receive the change.
Several folks brought up the idea of using games to teach preschoolers. Make it a fun learning experience and dump a pile of change in the middle of the floor and count pennies. Make stacks of five and explain that a stack is equal to one nickel, or that five stacks are equal to a quarter.
Other popular questions were about teaching teenagers about credit. It’s a subject that can be confusing even for adults, but here are some things to cover when introducing your teenager to credit. And, before your kid gets ready to leave the nest, here are ways to talk to them about saving and investing.
The most popular question was about finding ways to teach kids to save. We shared a fun way to do that using Pinterest.
There are many great ways to have the #MoneyTalk with your kids and we encourage you to start that conversation and keep it going.
Share your stories on Twitter and Pinterest using the hashtag #MoneyTalk!
We’re excited to host a twitter chat on talking to kids about money on April 24, 2013, from 2-4 p.m. EDT.
We’ll have financial experts taking questions on how to talk to kids about money and teach good financial behavior.
To participate, tweet questions with the hashtag #MoneyTalk and follow us @CFPB.
Our regional directors in CFPB’s Office of Supervision Examinations serve consumers from coast to coast. These dynamic individuals come from both the private and public sectors and bring extensive knowledge of consumer financial protection and regulatory compliance. They are the face of the CFPB across the country.
Edwin Chow, West Region:
Edwin is one of the founding members of the CFPB, and he joined the implementation team in September 2010. Edwin brings 26 years of experience serving as acting regional director, regional deputy director, and assistant regional director with the Department of the Treasury’s Office of Thrift Supervision, and its predecessor agency, the Federal Home Loan Bank of San Francisco.
Edwin holds an MBA in Finance from San Francisco State University. He is a graduate of the Pacific Coast Banking School as well as the Department of Treasury’s Executive Leadership Program.
Anthony Gibbs, Midwest Region:
Anthony is the newest addition to our Regional leadership team and brings with him a wealth of private sector experience in financial services, audits, and compliance. Anthony joins us after 19 years with HSBC where he worked in a variety of capacities including executive vice president and COO of Legal and Compliance and head of Management Support for the HSBC Private Bank in Europe. He was also chief compliance officer of several business units and internal auditor. Prior to his time at HSBC, Anthony worked as an auditor at Price Waterhouse.
Anthony has a CPA and CISA and holds an MBA from the University of Chicago.
Steve Kaplan, Northeast Region:
Steve joined the Bureau in September 2011 and brings with him substantial experience in law, financial services and financial regulation from both the private sector and state perspectives. From 2007 until September 2011, Steve served as Pennsylvania Secretary of Banking. In that role, he led the Department of Banking’s regulation of the Commonwealth’s 250 state-chartered banks, thrifts, credit unions and trust companies as well as its 14,000 plus non-depository licensees. Prior to this period, Steve worked at the Mellon organization for 25 years.
A Philadelphia native, Steve began his career as assistant district attorney for the city. Steve holds a JD from Temple University.
Jim Carley, Southeast Region:
Before joining us in October 2011, Jim served as senior associate director in the division of banking regulation at the Federal Housing Finance Agency. Prior to this period, Jim served as associate regional director for examinations in the Atlanta Regional Office of the Securities and Exchange Commission. Jim began his federal career at the Commodity Futures and Trading Commission where he served in multiple capacities including attorney-advisor, deputy director for audit and financial review, and special counsel.
Jim holds an MBA from the University of Texas at Austin and a JD from George Mason University.
Each of our regional directors is responsible for leading a staff that consists of three assistant regional directors, a team of field managers and a staff of over 100 examiners. The regional directors also lead a staff of analysts and administrative assistants.
Our regional staff are distributed throughout the country and are aligned with one of the four regions, which have physical regional headquarters in San Francisco, Chicago, New York, and DC respectively. These teams work hard every day to protect American consumers!
If you’re interested in becoming a part of our team in any of these four regions, please keep your eye out for opportunities on consumerfinance.gov/jobs. For general questions about employment opportunities at the Bureau, email CFPB_Jobs@cfpb.gov. If you have questions about our Supervision program, email CFPB_Supervision@cfpb.gov.
Yesterday we issued our financial report for fiscal year 2012, as required by the Dodd-Frank Act. The financial report has two main parts. The first part includes a narrative description of the bureau, including our mission, operating units, main activities, performance, and results. It provides some financial analysis and a description of our operating environment. The second section includes financial statements, notes, and the auditor’s report. Throughout the report, we have included assurances from the CFPB Director and Chief Financial Officer of our internal control over financial reporting.
The Government Accountability Office (GAO) is the CFPB’s financial auditor. For the second consecutive year, GAO rendered an unqualified – or “clean” – audit opinion of the CFPB’s financial statements. An unqualified opinion is the best result of a financial statement audit. It means that:
GAO noted no material weaknesses or significant deficiencies in CFPB’s internal controls and cited no instances of noncompliance with laws and regulations.
Read the report to learn more about our financial performance.
Whether you’re an undergraduate, recent grad or grad student, we want you to bring your skills and drive here. As a growing agency, we’re looking to bring on energetic, dedicated people for internships and full-time positions across our teams. With hundreds of potential opportunities available, there is something for you here. See what’s available now: consumerfinance.gov/jobs.
You’ll have the opportunity to use your current skills, and gain new ones, while helping to make financial markets work for millions of Americans and their families. Join us as we work to attract the next generation of government leaders!
Friday, October 26, 2012
1-3 p.m.
Hilton New York Hotel
1335 Ave. of the Americas
New York, New York 10019
Learn more and register today: Link: http://linkd.in/TycxnU
