Improving Access to Financial Coaching Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8373 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8373 To direct the Secretary of the Treasury, acting through the Director of the Office of Consumer Policy, to establish a program to award grants to eligible entities to provide financial coaching services, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 20, 2026 Ms. Garcia of Texas (for herself, Ms. Norton, Mr. Carson, Ms. Titus, Mr. Green of Texas, and Ms. Tlaib) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To direct the Secretary of the Treasury, acting through the Director of the Office of Consumer Policy, to establish a program to award grants to eligible entities to provide financial coaching services, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Improving Access to Financial Coaching Act of 2026''. SEC. 2. FINDINGS AND PURPOSE. (a) Findings.--Congress finds that-- (1) many consumers, particularly low- and moderate-income households, face significant challenges in managing personal finances, reducing debt, building savings, and accessing responsible credit; (2) financial coaching services have been shown to improve financial stability, increase long-term financial capability, improve credit scores, and reduce vulnerability to economic shocks; (3) nonprofit and community-based organizations play a critical role in training and deploying financial coaches to deliver culturally competent, accessible, and individualized financial coaching services to consumers in need; (4) the Department of the Treasury, through its Office of Consumer Policy, is well-positioned