Rep. Gregory W. Meeks Introduces Resolution Supporting Financial Literacy Month
Washington, D.C.— U.S. Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, introduced H. Res. 247, a resolution calling on the House to support the goals and ideals of Financial Literacy Month. Regarding the resolution’s introduction, Congressman Meeks released the following statement:
“In today’s ever-changing economy, with all the emerging technologies and non-traditional banking options, financial literacy is more important than ever. As American families face the burden of saving for college and planning for retirement, this Congress must do all it can to relieve some of that weight.
“Furthermore, the numbers are staggering: one in four households is unbanked or underbanked, one in five workers are very confident about having enough money for a comfortable retirement, and one in three adults report that they have no savings whatsoever. Clearly, our nation has a long way to go to further financial education.
“Accordingly, my resolution supports the vital programs that teach people how to navigate issues such as loans, mortgages, and pensions. I hope Congress passes this resolution, in support of financial education.”