WASHINGTON — The Consumer Financial Protection Bureau has partnered with New York City Mayor Michael Bloomberg to take a local financial protection program nationwide.

The joint initiative, announced Tuesday, is meant to amplify Mayor Bloomberg's existing program to help financially educate and protect consumers, called the Cities for Financial Empowerment. Other cities can receive disbursements from the funding arm of the program to launch a pilot that includes financial counseling centers for low-income individuals.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.