Government and private studies, statistics, and national surveys indicate that far too many Americans of all ages lack the knowledge and skills necessary to make informed decisions regarding their personal finances. Without a sufficient understanding of economics and personal finance, individuals will not be able to manage their finances appropriately, effectively evaluate credit opportunities, successfully invest for long-term financial goals, or be able to cope with difficult financial situations. This hearing will review the progress of the activities of the Financial Literacy and Education Commission, and examine the effectiveness of federal financial education programs.
// var so = new SWFObject('http://www.senate.gov/fplayers/I2009/player.swf','mpl','320','240','9'); so.addParam('allowscriptaccess','always'); so.addParam('allowfullscreen','true'); so.addParam('flashvars','&duration=7982&file=/vCommFiles/govtaff042909p&type=video&streamer=rtmp://fms.senate.gov/Committee/&autostart=false&start=870&stretching=fill'); so.write('player'); //
Assistant Deputy Secretary
U.S. Department of Education
Principal Deputy and Acting Under Secretary of Defense for Military Community and Family Policy
U.S. Department of Defense
Director
Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System
Director
Financial Markets and Community Investment Team, U.S. Government Accountability Office
President and CEO
The National Council on Economic Education
President and CEO
Employee Benefit Research Institute
U.S. Senate Committee on Homeland Security & Governmental Affairs
340 Dirksen Senate Office Building Washington, DC, 20510
(202) 224-2627