Establishes a federal program to award grants for financial coaching services to eligible entities.
The Improving Access to Financial Coaching Act of 2026 aims to establish a federal program to award grants to eligible entities for providing financial coaching services. The program, administered by the Office of Consumer Policy within the Department of the Treasury, seeks to enhance consumer financial well-being and strengthen the capacity of community-based providers. Eligible entities include nonprofit and community-based organizations, community development financial institutions, and minority depository institutions.
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