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Press Releases

Press Releases

May 7, 2013

President Obama Announces Andrea Levere to Key Post

President Obama announced his intent to nominate the following individuals to key Administration posts: Andrea Levere, Nominee for Member, Board of Directors of the National Consumer Cooperative Bank.

Feb 8, 2013

CFED Awarded $125,000 Grant from Capital One for Innovative Asset-Building and Microenterprise Services Initiative

CFED announced a $125,000 grant from Capital One Financial Corporation to support work to identify new scalable opportunities to help disadvantaged entrepreneurs achieve upward economic mobility. The grant will facilitate a partnership between CFED and several microenterprise organizations, including Accion Texas, Inc., the California Association for Micro Enterprise Opportunity (CAMEO), the Enterprise Development Group (EDG) in the Washington, DC metro area, and others. Through these partnerships, CFED will promote emerging practices that service providers can implement to ensure that their clients have access to the financial products and skills they need, and are actively using them to make their businesses stable and sustainable.

Jan 30, 2013

Nearly Half of U.S. Households have almost no Savings to Cover Emergencies or Save for the Future

Almost half (43.9%) of U.S. households are living on the edge of financial collapse with almost no savings to fall back on in the event of a job loss, health crisis or other income-depleting emergency, according to a report released today by the Corporation for Enterprise Development (CFED).

Jan 24, 2013

CFED Applauds Reappointment of Richard Cordray to Head the CFPB

With Richard Cordray as Director, the CFPB has provided essential protections that can change the financial lives of all consumers, with particular focus on the underserved and vulnerable citizens of this country. CFED applauds President Obama for his renomination of Cordray to a full term as director.

Sep 12, 2012

Booker and Cordray to Headline Major Conference on Efforts to Build Savings and Wealth for Low-income Families

WASHINGTON, D.C. – Richard Cordray, director of the Consumer Financial Protection Bureau, and Newark Mayor Cory Booker will be among the keynote speakers at the Corporation for Enterprise Development's (CFED) 2012 Assets Learning Conference: Ideas Into Action. The conference will bring together more than 1,200 advocates, policymakers, academics and others to promote policies that help low- and moderate-income families save money, accumulate assets and connect to the financial mainstream.

Sep 12, 2012

Behavioral Economics Technical Assistance Project Launched by CFED and ideas42, with Support from the Citi Foundation

On September 4, CFED, ideas42 and the Citi Foundation announced the launch of the Behavioral Economics Technical Assistance (BETA) Project. The goal of the BETA Project is to use behavioral economics theory to improve the effectiveness and reach of products and services that help people increase their financial stability.

Jan 31, 2012

Growing Number of Americans Can’t Cover Basic Expenses if Job Loss or Other Emergency Strikes

2012 Assets & Opportunity Scorecard Shows Major Increase in “Asset Poor” Households

Jan 4, 2012

CFED Applauds Appointment of Richard Cordray to Head the Consumer Financial Protection Bureau

Director Enables Agency to Assume Full Powers to Protect Consumers in the Financial Marketplace

Jan 2, 2012

CFED Awarded Two Grants from Bank of the West to Expand Financial Opportunities for Working Families

Grants will provide matching funds to IDA homeownership savers and support the creation of a financial education resource for low-income households in Bank of the West’s corporate footprint

Sep 20, 2011

Corporation for Enterprise Development Visits the New York Stock Exchange

President Andrea Levere Rings The Opening Bell

Jun 23, 2011

KIPP, UNCF and CFED Launch Partnership for College Completion

Citi and Citi Foundation provide $7.5 million anchor investment for innovative program

Jun 3, 2011

Bill to Reform the Asset Limit Test of the Supplemental Security Income Program Introduced

Reform would enable people with disabilities to open bank accounts, work and save towards financial self-reliance

Apr 19, 2011

Bill to Expand IDAs Introduced in the House

Improvements to Assets for Independence Act Will Enable Low-Income Families to Increase their Financial Security & Wealth

Apr 13, 2011

Statement by CFED President on President Obama's Call for Changes in Tax System

Andrea Levere, president of the Corporation for Enterprise Development (CFED), issued the following statement on Wednesday in response to President Barack Obama’s call for changes in the U.S. tax system.

Sep 30, 2010

State of the Field Address by Andrea Levere

CFED President Andrea Levere’s 2010 State of the Field address, delievered at CFED's 2010 Asset Learning Conference on September 22, 2010 in Washington, DC.

Sep 29, 2010

Remarks by Assistant Secretary for Financial Institutions Michael S. Barr

Remarks by Assistant Secretary for Financial Institutions Michael S. Barr at CFED's 2010 Asset Learning Conference on September 22, 2010 in Washington, DC.

Sep 29, 2010

CEO Vikram Pandit: CFED Award Acceptance Speech

Citigroup CEO Vikram Pandit accepting CFED's Assets and Opportunity Award at CFED's 2010 Assets Learning Conference in Washington, DC on September 23, 2010.

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