Director Chopra’s Prepared Remarks to the Financial Literacy and Education Commission
CFPB Director Chopra’s remarks, as prepared for delivery, at a meeting of the Financial Literacy and Education Commission.
Newsroom
CFPB and FDIC Release Enhanced Version of Money Smart for Older Adults
The Consumer Financial Protection Bureau (CFPB) and the Federal Deposit Insurance Corporation (FDIC) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults. The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide. The enhancements to Money Smart for Older Adults are based on stakeholder feedback and recent research conducted by the FDIC and CFPB for this collaborative effort.
CFPB Takes Action Against Operators of An Unlawful Student Loan Debt-Relief Scheme
The Consumer Financial Protection Bureau (CFPB) today sued a student loan debt relief company, its owner, and manager for allegedly charging thousands of consumers more than $3.5 million in illegal upfront fees.