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AFSA Responds to RFI on Prosperity Gap

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Yesterday, AFSA completed a Request For Information from the House Select Committee on Economic Disparity and Fairness in Growth regarding policy areas that can help close the prosperity gap in the United States.

AFSA’s comments focused on the impact of its Education Foundation, which has successfully promoted quality personal finance courses for teachers, students, and parents since 1990. For the last two years, the daily lives of millions of Americans have been considerably disrupted, including those attending or working at public and private schools.

As the Select Committee tries to address many current economic issues later this year, AFSA encouraged the Select Committee to examine how educational institutions can promote financial literacy programs to reach students and teachers through more accessible and equitable digital platforms in a post-COVID-19 environment, especially in K-12 programs.

In remarks before the Financial Literacy and Education Commission in 2021, Treasury Secretary Janet Yellen said, “research does show that education – especially early education – about how to navigate personal finances can have a lasting, positive impact on people’s lives. It can be part of our strategy for building a more equitable economy.”

AFSA’s Education Foundation can provide Congress with unique insights about teachers and students from across the country who have benefited from its free personal finance course, MoneySKILL. Additionally, at the AFSA Education Foundation, diversity, equity, and inclusion are an important part of our work educating consumers, regardless of zip code, on personal finance concepts and helping them realize the benefits of responsible money management.

AFSA will keep members informed if there are any developments before the House Select Committee on Economic Disparity and Fairness in Growth involving financial education initiatives.

AFSA Responds to RFI on Prosperity Gap
Feb 15, 2022

Yesterday, AFSA completed a Request For Information from the House Select Committee on Economic Disparity and Fairness in Growth regarding policy areas that can help close the prosperity gap in the United States.

AFSA’s comments focused… Read the rest

Don’t Miss These Headliners in Vegas!
Feb 14, 2022

If we’re in Vegas, it can mean only one thing: outstanding headline acts! And the 2022 Vehicle Finance Conference & Expo will not disappoint.

Keynote Speaker Jon Taffer

Sponsored by FIS

Jon Taffer is an award-winning hospitality expert,… Read the rest

WATCH | Digital Retail Done the Right Way
Feb 09, 2022

Join us on February 24 at 2:00 p.m. for Digital Retail Done the Right Way, presented by NetSol.

This webinar will focus on customer centricity as the North Star to creating a digital retail platform for the mobility ecosystem. You’ll… Read the rest

AFSA Submits Comments on FTC’s Safeguards Rule
Feb 08, 2022

On February 7, AFSA responded to the Federal Trade Commission’s (FTC) supplemental rulemaking further amending the Standards for Safeguarding Customer Information (Safeguards Rule). A provision of the Gramm Leach Bliley Act (GLBA), … Read the rest

Remembering Cheslie Kryst
Feb 07, 2022

AFSA was saddened to learn of the passing of Cheslie Kryst on January 30th. Ms. Kryst was an important voice on diversity, equity and inclusion, and her voice and leadership were an extension of her remarkable life story and her career.  

Ms. Read the rest

Senator Stands Up for Access to Consumer Credit
Feb 04, 2022

Yesterday, President Biden’s three nominees to serve on the Federal Reserve Board of Governors testified before the Senate Banking Committee on a variety of financial service-related topics, including the ability for consumers… Read the rest

FDIC’s McWilliams Writes to End Operation Choke Point
Feb 02, 2022

This week, outgoing FDIC Chairman and past AFSA Annual Meeting speaker Jelena McWilliams wrote a response letter to Senator Mike Crapo (R-ID) regarding the measures her office has taken to remediate the effects of Operation Choke Point. … Read the rest

AFSA’s Capital Update in Las Vegas
Feb 02, 2022

Join AFSA’s Senior Vice Presidents for Federal and State Affairs, Celia Winslow and Danielle Arlowe as they share their insights on federal and state legislative and regulatory matters, update policy trends, and predict what… Read the rest

Celebrating Black History Month
Feb 01, 2022

As Bishop Desmond Tutu said, “My humanity is bound up in yours, for we can only be human together.” Black History Month highlights the deep, rich legacy of African Americans that is so much of the binding of our nation’s heritage. Our ongoing … Read the rest

February Featured Business Partner | Hudson Cook
Feb 01, 2022

The featured Premier Business Partner for February is Hudson Cook. Learn more at hudco.com.

Established in 1997, Hudson Cook, LLP focuses its practice on laws related to financial services, banking and information privacy. In addition Read the rest

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