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…
ABA : California High School Produces Both First- & Second-Place Winners in National Lights, Camera, Save! Video Contest
The American Bankers Association Foundation has announced the national winners of the Lights, Camera, Save! teen video contest, a nationwide competition that encourages teens ages 13–18 to create a 30-second or less video educating their peers on the importance of smart money management. This year’s first place winner is Adam Costa, representing Montecito Bank & Trust in Santa Barbara,…
ABA: Foundation, Working Credit & Wells Fargo Foundation Launch New Credit Education Campaign
The ABA Foundation today announced the launch of its Rebuild Right: Safe Credit Recovery & Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls. The campaign, which will begin March 4 in recognition of National Consumer Protection Week, is hosted in collaboration with the Wells…
Treasury: Readout Published from the Financial Literacy and Education Commission 2026 Public Meeting
Today, the U.S. Department of the Treasury convened a public meeting of the Financial Literacy and Education Commission (FLEC) focused on implementation and outreach for Trump Accounts. U.S. Secretary of the Treasury Scott Bessent chaired the meeting and delivered opening remarks highlighting the opportunities Trump Accounts create by making every American child a shareholder and…
ABA: Foundation Releases New Ideas to Impact Report Showcasing Innovative Strategies to Strengthen Communities Nationwide
The ABA Foundation today unveiled Ideas to Impact: A Framework for Influencing Banking’s Next Century, a first-of-its-kind report capturing forward-looking ideas from bankers, community leaders and nonprofit partners on how financial institutions can drive meaningful economic and community impact in the decades ahead. Developed as part of the Foundation’s 100th anniversary celebration in 2025, the report…
ABA: Foundation Highlights Major Financial Education Milestone, Launches 2026 Programs
The American Bankers Association Foundation today launched its 2026 financial education programs, encouraging banks across the country and their more than two million employees to participate in these industry-wide efforts to strengthen financial capability in communities across America. Alongside the launch of this year’s programs, the ABA Foundation is celebrating a major achievement of exceeding…
Treasury: Secretary Bessent Announces Launch of New Platform on Working Family Tax Cuts
Secretary Scott Bessent today announced the launch of Treasury’s Working Family Tax Cuts: Ushering in a New Golden Age, a platform designed to provide Americans with a clear view into President Trump’s pro-family, pro-worker, and pro-growth economic agenda. “Treasury is opening the books for the American people,” Secretary Bessent said. “Starting with the historic Working Families…
Federal Reserve: College Fed Challenge Winners Announced
Pace University won the 22nd Annual National College Fed Challenge. Pace University won the 22nd annual national College Fed Challenge on Friday, a team competition that encourages undergraduate students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. Teams analyze economic and financial conditions and formulate a monetary policy recommendation,…