Congress should mandate the use of the Supplemental Poverty MeasureA method for measuring povert
Federal and state programs help many older people with low incomes. These programs provide access to vital services like income support and health care.
Consumer spending is responsible for more than two-thirds of U.S. economic output.
Fair, equitable, and affordable financial products and services are essential to helping people and communities build and maintain wealth.
Federal, state, and local consumer protection agencies all have a role in safeguarding consumers against fraud, deception, and unfair practices.
To save and invest, individuals need access to the banking system and credit.
Banks are granted charters to help meet the needs and convenience of the communities where they are located, including low- and moderate-income neighborhoods.
Credit cards are a fixture of U.S. economic life.
In 2020, Americans owed $1.5 trillion in outstanding student loan debt, second only to mortgage debt.
The Consumer Financial Protection Bureau (CFPB) enforces most federal laws that protect consumers when they apply for and obtain credit.