National Terrorist Financing Risk Assessment

"The fight against money laundering and terrorist financing is a pillar of U.S. national security and a strong financial system. It is an undertaking that requires the coordinated and dedicated efforts of policy maters, law enforcement, supervisors, and the private sector, particularly financial institutions. It is essential that we work closely together to develop and effectively implement strong laws and regulations to detect, deter, and disrupt illicit finance.  Equally important is that we understand and communicate the money laundering and terrorist financing threats, vulnerabilities, and risks facing our country.

In this spirit, the Department of the Treasury is proud to publish the National Money Laundering Risk Assessment and National Terrorist Financing Risk Assessment. These reports- Based on an analysis of more than  5,000 law enforcement cases, financial reporting bye U.S. financial institutions and reports from across government and the private sector-represent an unprecedented review of the key money laundering and terrorist financing risks to the United States..." 
Terrorist financing risk

Measuring financial well-being: A guide to using the CFPB Financial Well-Being Scale

"Following a rigorous research effort to develop a consumer-driven definition of financial well-being, the CFPB developed and tested a set of questions–a “scale”–to measure financial well-being. The scale is designed to allow practitioners and researchers to accurately and consistently quantify, and therefore observe, something that is not directly observable–the extent to which someone’s financial situation and the financial capability that they have developed provide them with security and freedom of choice. This guide describes the research behind the CFPB Financial Well-Being Scale and provides detailed steps for using it, including how to score individuals’ responses and compare their scores.

Take a look at the user guide...:
Financial well-being

2014 Financial Literacy Annual Report

Find the 2014 Financial Literacy Annual  from the U.S. Consumer Financial Protection Bureau.
Financial literacy

Privacy Protection for Customer Financial Information

"One of the functions transferred to the Consumer Financial Protection Bureau (CFPB) under P.L.

111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), is authority to issue regulations and take enforcement actions under the two major federal statutes that specify conditions under which customer financial information may be shared by financial institutions: Title V of the Gramm-Leach-Bliley Act of 1999 (GLBA, P.L. 106-102) and the Fair Credit Reporting Act (FCRA). Possible topics for congressional oversight in the 113

th Congress include (1) the transition of power from the fina ncial institution prudential regulators and the Federal Trade Commission to the CFPB; (2) CFPB’s interaction with other federal regulators and coordination with state enforcement efforts; and (3) the CFPB’s success at issuing rules that adequately protect consumers without unreasonably increasing the regulatory burden on financial institutions.."

Privacy and Financial Information

The Consumer Financial Protection Bureau (CFPB): A Legal Analysis

"This report provides an overview of the regulatory structure of consumer finance under existing

federal law before the Dodd-Frank Act went into effect and examines arguments for modifying

the regime in order to more effectively regulate consumer financial markets. It then analyzes how

the CFP Act changes that legal structure, with a focus on the Bureau’s organization; the entities

and activities that fall (and do not fall) under the Bureau’s supervisory, enforcement, and

rulemaking authorities; the Bureau’s general and specific rulemaking powers and procedures; and

the Bureau’s funding..."

Consumer Financial Protection Bureau

Financial Crisis Five Years Later

The U.S. Department of the Treasury takes a look at the financial crisis after 5 years.
The Financial Crisis

U.S. Household Savings for Retirement in 2010

"This report provides data on a variety of household wealth measures in 2010 from the Federal Reserve’s triennial Survey of Consumer Finances. Although the amount of retirement assets is the primary focus of the report, other measures of wealth (such as the amount of total assets, financial assets, total debt, net worth, and housing equity) are also included..
http://www.fas.org/sgp/crs/misc/R43057.pdf

An Overview of the Housing Finance System in the United States

"When making a decision about housing, a household often must evaluate renting versus owning. Multiple factors will influence the decision, such as a household’s financial status and
expectations about the future. Few that decide to purchase a home have the necessary savings or available financial resources to make the purchase without borrowing money. Most need to take out a loan known as a mortgage. This report serves as a primer that explains how the system of housing finance works..."
An Overview of the Housing Finance System in the United States

The Consumer Financial Protection Bureau (CFPB): A Legal Analysis

"This report provides an overview of the regulatory structure of consumer finance under existing federal law before the Dodd-Frank Act went into effect and examines arguments for modifying the regime in order to more effectively regulate consumer financial markets. It then analyzes how the CFP Act changes that legal structure, with a focus on the Bureau’s organization; the entities and activities that fall (and do not fall) under the Bureau’s supervisory, enforcement, and rulemaking authorities; the Bureau’s general and specific rulemaking powers and procedures; and the Bureau’s funding..."

What Is Systemic Risk? Does It Apply to Recent JP Morgan Losses?

"JP Morgan recently disclosed that it suffered significant losses in a unit that traded complex
financial instruments. Congress will be examining the JP Morgan trades and oversight by JP
Morgan’s regulators. Two of the questions that policymakers might ask are could the JP Morgan
losses or similar trades trigger another financial crisis and how would the Volcker Rule in the
Dodd-Frank Act have applied to the JP Morgan trades? This report explains general systemic risk
analysis. It evaluates recent JP Morgan trades in light of our understanding of sources of systemic
risk. If the sizes of the losses remain small, it appears extremely unlikely that JP Morgan’s
reported losses in its asset liabilities management unit could trigger a financial crisis or systemic
event..."

The Financial Action Task Force: An Overview

"The National Commission on Terrorist Attacks Upon the United States, or the 9/11 Commission,
recommended that tracking terrorist financing “must remain front and center in U.S. counterterrorism efforts” (see The 9/11 Commission Report: Final Report of the National Commission on Terrorist Attacks Upon the United States, U.S. Government Printing Office, July, 2004. p. 382). As part of these efforts, the United States plays a leading role in the Financial Action Task Force on Money Laundering (FATF). The independent, intergovernmental policymaking body was established by the 1989 G-7 Summit in Paris as a result of growing concerns among the summit participants about the threat posed to the international banking system by money laundering. After September 11, 2001, the body expanded its role to include identifying
sources and methods of terrorist financing and adopted nine special recommendations on terrorist financing to track terrorists’ funds. The scope of activity of FATF was broadened as a result of the global financial crisis, since financial systems in distress can be more vulnerable to abuse for illegal activities..."

Fair Debt Collection Policies Act

"The Consumer Financial Protection Bureau (“CFPB” or “the Bureau”) is pleased to
submit to Congress its first annual report summarizing its activities to administer the Fair Debt Collection Practices Act (“FDCPA” or “the Act”), 15 U.S.C. §§ 1692 et seq., during the past year. These activities represent the Bureau’s inaugural effort to curtail deceptive, unfair, and abusive debt collection practices in the marketplace prohibited by the FDCPA. Illegal collection practices cause substantial harm to consumers, who may pay amounts not owed, unintentionally waive their rights, suffer emotional distress, and experience invasions of privacy. Such practices can even place consumers deeper in debt..."

Financial Crimes Report to the Public, 2010-2011

Data from the Federal Bureau of Investigation on financial crimes.

Modernizing the American Financial Regulatory System: Recommendations for Improving Oversight, Protecting Consumers, and Ensuring Stability.
"COP released its special report on regulatory reform today. The report discusses how regulation would have averted the crisis that we are in today, and how the implementation of smart regulation will help the United States can prevent another financial crisis and determine our economic success in the years to come.

Watch video of Chair Elizabeth Warren introducing this report below.

Also available in print format at:
332.660973 Un3u

President Obama Public Financial Disclosure Report
Vice-President Biden Public Financial Disclosure Report