Entities

Aspen Institute (1)

Biden White House (21)

Topics and Issues

Financial inclusion (22)

In May 2022, CDIA signed a letter organized by the Aspen Institute calling for a national financial inclusion strategy. This letter noted growing support for such an endeavor.

For example, in November 2021, U.S. Sens. Chris Coons (D-Del.), along with Senators Raphael Warnock (D-Ga.) and John Hickenlooper (D-Colo.), “sent a letter to Treasury Department Secretary Janet Yellen and Deputy Secretary Wally Adeyemo urging the creation of a Presidential Commission on Financial Inclusion. In the letter, the senators propose this new commission be tasked with creating a national, interagency financial inclusion strategy with the goal of providing all people with the ability to access, utilize, and reap the benefits of financial products and services.” This letter was covered by a press release from the senators.

On his first day in office, on January 20, 2021, President Joe Biden, issued an Executive Order On Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.