This story appeared in Bank Digest.
Consumer Financial Protection Bureau Director Richard Cordray spoke at the American Association of Family and Consumer Sciences Conference in Dallas, Texas, on June 28, 2017. In his prepared remarks, Cordray discussed what the CFPB is doing to build financial capability in young people; what the bureau is doing to better understand financial well-being and support financial capability for all consumers; and tools the bureau has created to help consumers make sound financial choices.
According to Cordray, "Every part of society--families, schools, government, employers, financial providers, and many others--has some role to play in boosting people's financial capability."