Skip to main content

Newsroom

Date range
Clear filters
32 filtered results
Category: Press release |
Published

CFPB Releases Research on Tax Time Savings

The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so.  

Category: Speech |
Published

Speech at the Bipartisan Policy Center By Kathleen L. Kraninger, Director, Consumer Financial Protection Bureau

Thank you to our hosts for the invitation, and to all of you for coming today. I’m particularly honored to be at a forum focused on bringing people together from across the political spectrum to forge commonsense solutions for the pressing issues facing our Nation.

Category: Speech |
Published

Toward a 21st century approach to consumer protection

Good morning. Thank you Ruth for the introduction and for inviting the Bureau to be a part of this year’s Consumer Empowerment Conference. Consumer Action has graciously invited Bureau employees to speak at this event in years past, and I am honored to continue this tradition. And I am especially happy to return to my roots here in the Midwest.

Category: Speech |
Published

Prepared Remarks of CFPB Director Richard Cordray at the AAFCS Conference

The Consumer Financial Protection Bureau opened its doors less than six years ago. Our mission is to stand on the side of consumers and ensure they are treated fairly in the financial marketplace. Through fair rules, consistent oversight, appropriate law enforcement, and broad-based consumer engagement, we are working to restore trust and confidence in the markets for household financial products and services. 

Category: Speech |
Published

Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting

Thank you all for being here. I always look forward to the meetings of our Financial Literacy and Education Commission. Each time we gather, our discussions reaffirm my belief that for this country to prosper, sound financial education must be one of the foundations we work to strengthen, for people young and old.

Category: Speech |
Published

Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission

We are glad to welcome the Department of the Interior to their first meeting as a member of the Commission. Today we are releasing the 2016 National Strategy for Financial Literacy. The report provides the Commission and everyone working in the field of financial education with an important framework for promoting financial education. It also highlights important progress that has been made towards the goals that were outlined in the previous strategy from 2011.

Category: Speech |
Published

Prepared Remarks of Richard Cordray Director of the Consumer Financial Protection Bureau at the Youth Financial Capability Town Hall

Today we are pleased to announce two new pieces of work in the field of financial education. First, we are issuing a new report discussing a development model that identifies the building blocks our young people need to achieve financial capability at different stages of their growth and maturity. Second, we are releasing a teaching tool that we call a “personal finance pedagogy.” This tool will help support teachers in more effectively delivering financial education to their students. The Consumer Bureau believes that these new resources will prove valuable for anyone working to promote youth financial education.

Category: Speech |
Published

Prepared Remarks of CFPB Director Richard Cordray on FINRA Foundation National Financial Capability Study Release

It is a real pleasure for me to have the chance to spend some time with you today. I want to begin by thanking Chairman Ketchum, Gerri Walsh, and the rest of the FINRA team for their efforts in creating the National Financial Capability Study, which is now one of the nation’s leading surveys of financial capability.

Category: Op-ed |
Published

Making the most of your tax refund

Crossposted from Medium.com. This column was originally posted online on April 5, 2016. Each year at this time, many consumers receive the largest lump sum payment they will see all year – their income tax refund. This seems like it should be a “golden moment” to save. But for many people, making ends meet throughout […]

Category: Press release |
Published

CFPB Releases Tool to Help Measure Financial Well-Being

Resource Will Provide Questions Financial Educators Can Use to Assess the Financial Wellness of Consumers WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is releasing a tool to measure consumer financial well-being, based on a definition that the Bureau released in January 2015. This first-of-its-kind tool provides questions that educators and others working […]

Category: Speech |
Published

Prepared Remarks of CFPB Director Richard Cordray at the ROADS to Financial Independence Launch

Thank you all for joining us today as we announce the launch of our ROADS to Financial Independence initiative. A large part of our work at the Consumer Financial Protection Bureau involves empowering consumers to take control of their financial lives. This first-of-its-kind initiative aims to improve the financial well-being and economic security of individuals […]

Category: Press release |
Published

CFPB Launches Financial Well-Being Initiative Targeted To People With Disabilities

ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing the launch of the Reach Outcomes. Achieve Dreams. Succeed. (ROADS) to Financial Independence initiative, which is aimed at improving the financial well-being and economic security of individuals with disabilities. The initiative, which […]

Category: Op-ed |
Published

What we really need to be better off financially

Crossposted from CNN.com. This opinion editorial was posted on January 27, 2014 online. We are facing a financial education crisis in this country. The gap between the complex financial world and our ability to navigate it is growing wider. Too many financial lessons are learned through trial and error, where it is costly to recover from […]