Emerging Innovative Policy for Building Financial Stability

Universal and progressive Child Development Accounts (CDA) is one of the policy recommendations in two Grand Challenges: Build Financial Capability for All and Reduce Extreme Economic Inequality. Recently, Margaret Clancy, Policy Director at the Center for Social Development at the Brown School at Washington University in St. Louis, testified about CDA policy and research results before the Nebraska Legislature’s Education Committee. Several states have implemented CDAs and federal legislation for universal accounts at birth is currently being considered. Read more.