White House OSTP & U.S. Treasury Department: Empowering Consumers through the Smart Disclosure of Data

By Melissa Koide and Nick Sinai   Today, the Administration’s interagency  National Science and Technology Council  released  Smart Disclosure and Consumer Decision Making: Report of the Task Force on Smart Disclosure —the first comprehensive description of the Federal Government’s efforts to promote the smart disclosure of information that can help consumers make wise decisions in the marketplace. Whether they … Continued

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.

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