CFA supports Treasury’s efforts to ensure that all consumers have access to safe and affordable financial services so that consumers are not relegated to second-class or predatory products and services. Treasury’s endeavors are critical in the current environment. The current economic crisis has strained the financial stability of many families and pushed them out of the middle class. The poverty level now includes record numbers of American families. The number of unbanked consumers, already unacceptably high, is rising.

