Regulation

Treasury’s Financial Literacy, Education Commission to hold hearing in February

140px-US-DeptOfTheTreasury-Seal.svgThe U.S. Treasury’s Financial Literacy and Education Commission will hold a public hearing on Feb. 12 to discuss cooperative opportunities between the federal government, private sector and local governments to build the financial capabilities of American youths.

The commission is comprised of representatives from 20 federal agencies, including the National Credit Union Administration, CFPB, OCC, Federal Reserve, FDIC and SEC, as well as the Social Security Administration and CFTC.

America Saves Week runs from Feb. 24 to March 1, and the commission will mark the occasion with a field hearing in Atlanta on Feb. 25 to discuss improving employee financial literacy through workplace education.

Both hearings are open to the public, but registration is required for individuals who wish to attend the hearing. The Feb. 25 field hearing will be webcast live.

Established by the 2003 Fair and Accurate Credit Transactions Act, the commission was initially tasked with developing a federal financial education website and hotline, as well as a national strategy on financial education.

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