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In 2016, the Bureau released the Building Blocks to Help Youth Achieve Financial Capability: A new model and recommendations, which describes where and when children and young adults acquire the foundations of financial capability. Now, the Bureau has created the Building Blocks Measurement Guide to provide researchers, program leaders, teachers, and other financial educators with ways to assess young people’s progress toward each building block.

Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney issued the following statement in support of the nomination of Kathy Kraninger to be Director of the Bureau.

Learn what the Bureau is doing to prevent elder financial exploitation in communities across the country. 

Company Engaged In Improper Debt Collection and Credit Furnishing Practices

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This report finds that aggregate end-of-year consumer credit card borrowing roughly follows end-of-year retail expenditure patterns, with consumer borrowing experiences differing across consumers with different credit scores and different credit card utilization rates at baseline. 

This week the Bureau begins the process of transforming the Bureau’s Stakeholder Outreach and Engagement work, which includes transitioning from former modes of outreach, to a new strategy to increase high quality feedback. Earlier this year, the Bureau put out a Request for Information (RFI) on External Affairs’ (EA) external engagements.

Learn how youth employment programs can work with financial institutions to help young people get access to accounts that work for them.

We recently published a Complaint Snapshot report, which provides an overview of trends across consumer complaints. We also took a focused look at debt collection complaints.

Bureau Acting Director Mick Mulvaney issued the following statement after President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act into law.