Documents/FRBOIG/2: Bureau of Consumer Financial Protection's Programs & Operations/2.4: Financial Education

2.4: Financial Education

Identify and review key aspects of the Bureau's role in establishing and implementing financial education programs for consumers of financial services and products.

Other Information:

The Bureau is responsible for developing and implementing initiatives intended to educate and empower consumers to make better financial decisions. In consultation with the Financial Literacy and Education Commission, the Bureau must develop and implement a strategy to improve financial literacy. The OIG will monitor the Bureau's development and implementation of education programs for consumers of financial services and products to ensure that Bureau resources are used effectively and efficiently. We plan to coordinate our work with the Government Accountability Office (GAO), which is responsible for studying certain aspects of the Bureau's financial literacy and personal finance education programs.

Indicator(s):