Excerpt: “Today, the U.S. Department of the Treasury (Treasury) released the National Strategy for Financial Inclusion in the United States, which identifies objectives and recommendations for policymakers, industry, employers, and community organizations to advance consumer access to safe financial products and services and strengthen financial security. … Objectives and Key Recommendations of the Strategy include:
- Promote access to transaction accounts that meet consumer needs.
- Increase access to safe and affordable credit.
- Expand equitable access to savings and investments.
- Improve the inclusivity of financial products and services provided or backed by the government.
- Foster trust in the financial system by protecting consumers from illegal and predatory practices.
Treasury invites all stakeholders to engage with this Strategy, to innovate, and to collaborate in creating a more inclusive financial landscape.”
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