Aspen is a place for leaders to lift their sights above the possessions which possess them. To confront their own nature as human beings, to regain control over their own humanity by becoming more self-aware, more self-correcting, and hence more self-fulfilling.
Walter P. Paepcke, Aspen Institute Co-Founder
Aspen Institute
Publications
The State of Inclusion in the U.S. Financial System: Benchmarking Progress, Gaps, and Disparities
The State of Inclusion in the U.S. Financial System follows Aspen FSP’s report, Toward a National Strategy for Financial Inclusion, and moves from making the case for why the U.S. should have a National Strategy for Financial Inclusion to how. In this publication, we introduce U.S. policymakers to an assessment of the current state of inclusion in the U.S. financial system, and share processes, disparities, gaps and assess the overall state of inclusion in the following sectors:
Banking and Payments
Short-Term Savings
Long-Term Savings and Investing
Credit
Insurance
Policymakers can use this report to advocate for and chart their approach to developing the United States’ inaugural National Strategy for an Inclusive Financial System. Private and social sector leaders can use this document as a resource to advise and engage with policymakers. The envisioned U.S. National Strategy for an Inclusive Financial System stands as a powerful tool to improve household financial security and build a stronger, more inclusive economy for all.
Most households experience at least one financial shock in a given year, but there are few comprehensive solutions to help them. How can we solve this persistent challenge?
The Strategy outlines opportunities to improve benefits delivery, particularly through government provided or purchased financial products and services.
This case study takes lessons from the legal field’s efforts to empower Native youth to learn how we can build a financial sector that better serves diverse communities.
