Effects of the tax reform bill passed in december. This is 12 minutes. With municipal President Trump thank you very much, everybody. We have a great group of business leaders, leaders throughout the country and beyond, and we have a tremendously talented and good person, senator a friend of mine for a listening time, tim scott, and were talking today about Opportunity Zones, putting people to work, getting businesses started and creating a lot of good things. Our tax plan which has done so much, tax cuts, i call it, because it is tax cuts and reforms, it creates some big advantages for these opportunities. So i will ask senator scott to say a few words, then i might ask a few of the folks gathered around to Say Something and i opportunities. Know youre not concerned with the press because youre very good with the press. Thank you. Mr. President , as youll recall, hopefully, we spoke late last summer about legislation that i thought would be very help to feel distressed communities. As
In addition, it is hard in the circumstances to be an entrepreneur when you are outside the foremost Financial System. It is difficult to gain access to capital or form a business when you lack basic Financial Services but the good news is that many nations have made commitments to expanding Financial Service services for the poor and they understand that it is vital to Economic Development and social inclusion. As a result, they are developing Financial Inclusion policies and implementing a new framework that encourages inclusion. Today, robin lewis, john and myself are wanting our third annual Brookings Square card metering progress on Financial Access and usage with the support of the bill we have embarked on a threeyear study of inclusion in 26 developing countries. The short summary is that weve seen progress on Financial Services in many places and there are efforts to help marginalized populations and this is happening through mobile money and digital Financial Services. As part
Thats financialinclusion. So youre welcome to make any comments that you would like. So there are nearly 2 billion adults globally who do not have bank accounts. This makes it very difficult to Access Financial services, pay bills, or transfer money to relatives. In addition, it is hard in those circumstances to be an entrepreneur when you are outside the formal Financial System. Its difficult to gain access to capital or form a business when you lack basic Financial Services. But the good news is that many nations have made commitments to expanding Financial Services for the poor. They understand that Financial Inclusion is vital to Economic Development and social inclusion. And so as a result they are developing Financial Inclusion policies and implementing a new framework that encourages inclusion. So today ryan lewis, John Villasenor, and myself are launching our third annual brookings scorecard measuring progress on Financial Access and usage with the support of the bill and Melin
Next, a look at how Digital Technologies have impacted Financial Inclusion in the u. S. And abroad. Researchers at the Brookings Institution spoke about the data followed by a panel on the challenges that still exist. This is just under 90 minutes. Good morning. Im gerald west, Vice President of government stud sxwriz director of the center for Technology Innovation at the Brookings Institution. And i would like to welcome you to our forum on Financial Inclusion. And we are webcasting this event live. So wed like to welcome our viewe viewers. And also those of you who have tuned in via cspan. For those of you who are wishing to post comments, during the forum we have set up a twitter feed at financialinclusion. Thats financialinclusion. So youre welcome to make any comments that you would like. So there are nearly 2 billion adults globally who do not have bank accounts. This makes it very difficult to Access Financial services, pay bills, or transfer money to relatives. In addition, it
For those of you who are wishing to post comments during the forum, we have set up a twitter feed at financialinclusion. So youre welcome to make any comments that you would like. So there are nearly two billion adults globally who do not have Bank Accounts. This makes it very difficult to Access Financial services, pay bills or transfer money to relatives. In addition, it is hard in those circumstances to be an entrepreneur when you are outside the formal Financial System. Its difficult to gain access to capital or form a business when you lack basic Financial Services. But the good news is that many nations have made commitments to expanding Financial Services for the poor. They understand the Financial Inclusion is vital to Economic Development and social inclusion. As a result they are developing Financial Inclusion policies and implementing a new frame works that encourage inclusion. So today robin lewis, john, and myself are launching our third annual brookings scorecard measurin