LEAD PARTNERS Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 to help consumer financial markets work by making rules more effective, through consistently and fairly enforcing those rules, and empowering consumers to take more control over their economic lives. The CFPB’s mission is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards or using any number of other consumer financial products.
CFPB has launched several initiatives to support the financial capability of consumers in the marketplace including Your Money, Your Goals, a free financial empowerment toolkit for social services programs seeking to integrate financial topics into existing work. Your Money, Your Goals is a comprehensive toolkit that includes workshop slides in English and Spanish, recorded Train-the-Trainer webinar, Implementation Guide, tools and template for creating a local referral guide and pre- and post-training surveys, all available for download.
The CFPB Office of Financial Empowerment has made strides to identify and address issues experienced by individuals with disabilities through forums, and a national conference on the importance of building federal collaboration to help people with disabilities better navigate the financial marketplace. The published report, Empowering Low Income and Economically Vulnerable Consumers, captures learnings from the conference, as well as plans for future action, including a formal agreement with the Department of Labor Office of Disability Employment Policy (ODEP).
Through the agreement, the CFPB and ODEP will design strategies to reach individuals with disabilities at critical touch-points along their path to employment and upward economic mobility—including entering employment training; seeking a job or starting a new one; working together to advance financial capability by sharing resources and leveraging partnerships within and outside the workforce investment system; and identifying and sharing best practices with the workforce development system, community-based organizations and the disability community.