Bureau Makes Fresh Appeal for Financial Education Initiative
October 15, 2012
The CFPB has made another call for public input on its Request for Information on Effective Financial Education initiative, which was first published in the Aug. 2, 2012, issue of the Federal Register.Specifically, the bureaus Office of Financial Education seeks public comment on effective financial education approaches that create opportunities for consumers to improve their financial decision-making capabilities, the notice stated. The request reflects the CFPBs acceptance of a behavioral economics approach, according to Barbara Mishkin, of counsel...