U.S. Treasury Department: Encouraging Innovations that Help Americans Take Control of Their Financial Lives

By Neal S. Wolin and Todd Park


Data sets published by Federal agencies are increasingly being harnessed by private-sector innovators to empower consumers to take control of their financial lives.  Recently, Treasury hosted a Finance Data Convening (webcast link) and Working Session to highlight the variety of features, apps, products, and services that use finance data released by Federal agencies. Senior officials from the White House, Treasury, the IRS, the Consumer Financial Protection Bureau (CFPB), the Department of Labor, the Social Security Administration, and the SEC joined over 50 private-sector leaders for a day devoted to data and innovation.