In this presentation, at the release event for the Federal Reserve Bank of Chicago-Brookings publication, Financial Access for Immigrants: Lessons from Diverse Perspectives, Audrey Singer and Anna Paulson of the Federal Reserve Bank of Chicago outline the opportunities and challenges for broadening financial access for immigrants. They argue that the success of today’s immigrants—who come to the United States largely seeking to improve their own prospects for prosperity—depends on their access to mainstream financial institutions that can help them save money, buy homes, access credit, start businesses, and otherwise build wealth.
As immigrant settlement has become a widespread phenomenon across the United States, more communities are concerned with the prospects for their full social and economic integration. Strategies that help immigrants participate fully in the financial mainstream benefit not just immigrants, but all residents of the communities where they live. This monograph presents new research on the financial practices of immigrants, and describes both industry approaches to reaching the immigrant market and community innovations in moving immigrants into the financial mainstream.
The metro program hosts and participates in a variety of public forums. To view a complete list of these events, please visit the metro program’s Speeches and Events page which provides copies of major speeches, PowerPoint presentations, event transcripts, and event summaries.
Despite the large numbers of migrants entering Europe, the challenge itself is manageable.
The battle over the border: Public opinion on immigration and cultural change at the forefront of the election
[Korea] has been a homogeneous society linguistically, culturally, for so long. It has prided itself on the purity of the bloodline, the so-called bloodline. Right now, [integration] is about fitting into the Korean context, learning Korean language and not teaching your kids Vietnamese or Tagalog or some other foreign language. True multiculturalism would involve mixing and blending and fusing of different languages, cultures, customs. We don't see much of that — except in places like Wongok Village.