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The Skyline: How Two States Are Leveraging Their Unique Powers to Boost Financial Empowerment
As the federal government has stepped back from local support, state governments have made exciting inroads to support residents’ financial stability. In New York, Governor Kathy Hochul and the Department of Financial Services issued innovative guidance around low-cost banking, deploying creative ways to modernize and advance banking access through regulatory infrastructure.
Three Counties Selected to Add Financial Stability Resources into Local Emergency Response Plans
In this April 2026 press release, the CFE Fund announced the launch of the second Emergency Financial Empowerment cohort. Montgomery County, MD; Orange County, FL; and Sonoma County, CA will each receive $150,000 grant and technical assistance to connect financial empowerment supports to emergency preparedness and response procedures.
CFE Fund Comment Letter on the Financial Literacy and Education Committee’s Review of the U.S. National Strategy for Financial Literacy
The CFE Fund recently submitted a letter to the U.S. Department of Treasury Office of Consumer Policy regarding the Financial Literacy and Education Commission (FLEC)’s annual review of the U.S.
Cities for Financial Empowerment Fund Launches Free Legacy Planning Supports to Increase Asset Protection and Intergenerational Wealth
In this October 2025 press release, the CFE Fund announced the launch of free legacy planning services as a core component of the national Financial Empowerment Center (FEC) model.
The Skyline: How Two Municipalities Built Innovative Approaches to Local Consumer Financial Protection
To ensure strong financial futures for residents, local governments increasingly are using their unique
powers to protect consumers from scams, fraud, and financial abuse. Two municipalities offering
notable consumer protection models are Cuyahoga County, OH—who launched a “Scam Squad”
to combat financial scams—and Denver, CO, who passed an innovative wage theft ordinance and
launched an accompanying complaint hotline to support enforcement.
CFE Fund Comment Letter on the Proposal to Rescind the 2023 Community Reinvestment Act Final Rule
The CFE Fund recently submitted a letter to the Federal Deposit Insurance Corporation in response to their request for comment on the proposed rulemaking rescinding the 2023 Community Reinvestment Act Final Rule (CRA).
Six Cities to Develop Local Wealth Building Strategies
In this June 2025 press release, the CFE Fund announced that six new cities have been chosen to join the next CityStart cohort. The CityStart initiative helps local leaders develop and implement proven strategies to help local families and communities become more financially stable.