The Office of the Comptroller of the Currency released remarks by Acting Comptroller Rodney E. Hood to the Financial Literacy and Education Commission, outlining financial literacy education as a driver of financial inclusion and participation in the financial system and calling for education strategies to keep pace with market innovation, including digital assets. The remarks emphasized the need to closely monitor the rapidly changing financial marketplace and update financial education approaches accordingly. Hood also pointed to the OCC’s financial literacy publications and resources and encouraged banks to consider how they can support customers’ financial health.
Office of the Comptroller of the Currency 2025-05-29
Office of the Comptroller of the Currency underscores financial literacy education and urges updates to address digital asset innovation
Acting Comptroller Rodney E. Hood of the Office of the Comptroller of the Currency highlighted financial literacy education as crucial for financial inclusion and participation in his remarks to the Financial Literacy and Education Commission. He stressed the importance of updating education strategies to align with market innovations, including digital assets, and urged banks to support customers' financial health.