ABA: ABA Testifies Before Senate Aging Committee on Protecting Seniors from AI-Generated Fraud
Association calls for coordinated action to combat growing threat of AI-enabled scams American Bankers Association Executive Vice President for Risk, Fraud and Cybersecurity Paul Benda will testify before the Senate Special Committee on Aging today on the growing threat of artificial intelligence-enabled scams and the need for a coordinated response to better protect older Americans…
Treasury: Secretary of the Treasury Scott Bessent Remarks Before the Financial Literacy and Education Commission Shared
As prepared for delivery “Good afternoon. Thank you for joining us here in the historic Cash Room. And thank you for your ongoing commitment to the work of this Commission as we meet to discuss digital financial literacy following the historic launch of Trump Accounts. I have long believed that the strength of a nation…
OCC: Comptroller Gould Highlights OCC’s Financial Literacy Efforts at Financial Literacy and Education Commission Meeting
Comptroller of the Currency Jonathan V. Gould today highlighted the OCC’s efforts to expand financial literacy, support responsible innovation, and provide consumers with practical educational resources in remarks at the Financial Literacy and Education Commission meeting. Excerpts from Comptroller Gould’s remarks are below. His full statement can be found here. Supporting responsible innovation and digital financial…
CFPB: Deputy Director Mark Paoletta Shares Remarks at the Financial Literacy and Education Commission
“Good afternoon. I want to thank Secretary Bessent and the staff of the Treasury Department for convening this meeting, and for their leadership on digital financial literacy. Under the superb leadership of Acting Director Vought, the CFPB is advancing the Trump Administration’s expansive efforts to improve financial literacy and increase early access to financial empowerment…
CFPB: 2025 Financial Literacy Annual Report Released
The 2025 Financial Literacy Annual Report summarizes the CFPB’s financial education priorities including: FULL REPORT
ABA: Submissions Now Open for 14th Annual Community Commitment Awards
The American Bankers Association Foundation is now accepting submissions for its 14th annual Community Commitment Awards, ABA’s highest honors for extraordinary community engagement. Banks of all sizes are encouraged to enter successful community initiatives for the awards, which recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve. The entry…
ABA: Bankers Nationwide Mark Teach Children to Save Day
As part of Financial Literacy Month, bankers across the country are marking the ABA Foundation’s annual Teach Children to Save Day today by volunteering in classrooms and communities to help young people build essential money skills, reinforcing the banking industry’s long standing commitment to youth financial education. “Teach Children to Save Day highlights the powerful role bankers…
ABA: Foundation Testifies on Protecting Older Americans from Financial Exploitation
The American Bankers Association Foundation today testified before the Senate Special Committee on Aging, for its hearing, “Empowering Seniors Through Financial Literacy: Tools to Protect Savings, Prevent Fraud, and Promote Independence.” The Foundation outlined the critical role banks play in protecting older Americans from fraud and financial exploitation while calling for strengthened national coordination, expanded financial literacy…
ABA: Foundation Offers Comments to Treasury on Updating National Financial Literacy Strategy
In a new comment letter submitted today to the U.S. Treasury, the ABA Foundation offered its perspective on updating the U.S. National Strategy for Financial Literacy. The letter underscores the critical role banks play in advancing financial capability nationwide and offers recommendations to strengthen public private collaboration, modernize financial education and better protect consumers from fraud and…
Treasury: Treasury Recognizes National Financial Literacy Month
Secretary Bessent: “Financial Literacy Unlocks Opportunity for Every American” Today, the U.S. Department of the Treasury recognizes the start of National Financial Literacy Month, reaffirming its commitment to advancing financial literacy and education across America. Throughout April, Treasury, in coordination with federal agencies represented on the Financial Literacy and Education Commission (FLEC), will announce and…