H.R. 8740 seeks to change the Consumer Financial Protection Act of 2010 by assigning new responsibilities to the Office of Community Affairs. The office will research and find solutions for people who don't use banks or have limited access to banking services. This includes...
Simple Explanation
H.R. 8740 wants to help people who don't use banks by having a special office find out why and how to help them, but it doesn't say how much money they'll need or how they'll protect people's information.