Barr: Expanding Financial Inclusion

From federalreserve.gov

Thank you, Eric; thank you to the Fed staff who have organized this second annual financial inclusion conference; and thank you all for being here. I have long believed that financial inclusion is a crucial component of a safe and fair financial system. Working to improve financial inclusion has been an important part of my career, starting in 1995 when I joined the Treasury Department and worked with colleagues to build Community Development Financial Institutions, strengthen the Community Reinvestment Act, and launch the New Markets initiative. At the University of Michigan, financial inclusion was key to programs ... (full story)