Improving Access to Financial Coaching Act of 2026

Summary

The bill would have the Treasury’s Office of Consumer Policy set up a grant program that gives money to eligible nonprofits, community‑development banks and minority depository institutions to provide financial coaching to low‑ and moderate‑income consumers, especially in minority‑majority, rural or low‑income census tracts. By expanding access to professional coaching, the measure aims to improve household financial stability and build a standard for coach certification. Funding of $100 million would be available for fiscal years 2026‑2028.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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