Sept. 20, 2012 – The Financial Literacy and Education Commission, made up of some 20 federal agency and department heads, holds its next public meeting on consumer financial matters Oct. 18 in the Cash Room at Treasury.
The commission’s last meeting, held Feb. 14, was the first for Consumer Financial Protection Bureau Director Richard Cordray. The February meeting included a panel discussion of “smart disclosures,” or the release of data in useable forms to allow consumers to compare and choose between complex services, including financial services.
The discussion looked at online tools, such as the travel site Kayak.com, that could serve as an example for financial services.
NAFCU maintains a dialogue with the commission on financial literacy issues affecting credit unions, their members (and sponsor groups - ?).
The Oct. 18 meeting is set for 10:30 a.m.-noon Eastern. Even though it’s open to the public, capacity is limited to 175 persons; registration is required. Registration will be accepted until Oct. 11 or until capacity is met. If registration is successful, the participant will receive a confirmation email. Additional contacts will be made as needed for security clearance.