CFPB announces new Community Education Pilot Project
The US Consumer Financial Protection Bureau (CFPB) has announced a new partnership with public libraries to help them become a trusted source for unbiased financial education information and resources in their communities. Public libraries already play an important part in community education, CFPB Director Richard Cordray said at an April 7 press conference at the Federal Reserve Bank in Chicago, and thus are a natural choice to become neighborhood centers for financial literacy education.
The announcement of the CFPB Community Education Pilot Project was made during Money Smart Week, April 512, a partnership initiative between the American Library Association and the Federal Reserve Bank of Chicago.
