This story appeared in Bank Digest.
Speaking at the Financial Literacy and Education Commission Meeting, CFPB Director Richard Cordray discussed the bureau's efforts to promote and encourage opportunities to incorporate financial education in schools, workplaces, and communities. He spoke of the country's economic system and argued it would only endure “over the long run if we are willing to take the necessary steps to strengthen that system from the bottom up, starting with the financial education of the individual.”