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
By Sarah Gearen From shopping for an airline ticket to choosing a college or purchasing a home, consumers face increasingly complex choices in today’s marketplace. Too often, the effort required to make informed financial decisions leaves many Americans in … Continued
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.