Encouraging greater public-private sector collaboration to promote financial literacy for students and young adults.
Financial Literacy: Support for Student Education
This bill is currently in the early stages of the legislative process after being sent to the House Committee on Financial Services for review. It is actively moving forward, but no future meetings or votes have been scheduled yet. There is no companion bill listed for this proposal.
Legislative Progress
This is a statement of support that does not change any laws or spend money. Most resolutions like this are introduced to show support for a cause but do not often receive a full vote.
Key Points
- This proposal encourages the government and private companies to work together to teach students about money. It aims to help young people learn how to budget, save for college, and manage credit cards before they face major financial decisions.
- The resolution points out that many students are not prepared for the complex world of finance. It notes that only 39 states require a personal finance class for high school graduation and that many young people lack confidence in making money choices.
- It supports existing programs that help women and minorities get internships and jobs in the financial sector. It also asks the Treasury Department to continue studying how much Americans know about money so the government can provide better tools and workshops.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Financial Services.
Submitted in House
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Encouraging greater public-private sector collaboration to promote financial literacy for students and young adults.
Data Sources
Sponsor
Cosponsors
(3)Analysis generated by AI. Always verify with official sources.