Holly Petraeus visits Fairchild to provide financial education

In an effort to educate military personnel, veterans and their families on financial options, Fairchild Air Force Base held a town hall meeting Feb. 24 during "Military Saves Week."

Holly Petraeus, assistant director of service member affairs for the Consumer Financial Protection Bureau (CFPB) was the guest speaker for the event.

Petraeus explained that the CFPB was formed in the wake of the 2008 recession as a way to protect consumers from being taken advantage of by businesses.

"There were several consumer financial laws but the enforcement was spread among seven agencies," Petraeus said. "C...

 

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