,,iv  #aah? ,,congress  #a/ ,session    
,h4 ,,res4 #bia  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,april #ac1 #bjbc,mrs4
 ,beatty 7= h]self & ,mrs4 ,kim (       
,cali=nia7 submitt$ ! foll[+ resolution2
 :i* 0 ref]r$ to ! ,committee on        
,ov]sight & ,acc\ntability  ,,resolution
  ,support+ ! goals & ideals ( ,f9ancial
 ,lit]acy ,mon?4  ,:]eas1 accord+ to !  
,f$]al ,deposit ,insurance ,corporation 
7ref]r$ h]e9aft] z ! ,,fdic71 at lea/   
#ah4f p]c5t ( h\seholds 9 ! ,unit$      
,/ates1 or ne>ly #bd1fjj1jjj h\seholds1 
are unbank$ or und]bank$ & !re=e h n _h 
an opportunity to access sav+s1 l5d+1 & 
o!r basic f9ancial s]vices2 ,:]eas1     
accord+ to ! #bjba ,consum] ,f9ancial   
,lit]acy & ,prep>$ness ,survey f9al     
report ( ! ,national ,f\ndation = ,cr$it
 ,c\nsel+-- 7#a7 only #dd p]c5t ( adults
 9 ! ,unit$ ,/ates h a budget2  7#b7 #ge
 p]c5t ( adults 9 ! ,unit$ ,/ates       
ackn[l$g$ t !y c\ld b5efit f additional 
advice & answ]s to ev]yday f9ancial     
que/ions f a pr(essional2  7#c7 #a 9 #d 

adults 9 ! ,unit$ ,/ates admitt$ !y d n 
pay all _! bills on "t2 &  7#d7 #dg     
p]c5t ( ! g5]al population curr5tly     
holds cr$it c>d debt1 & almo/ #b 9 #e   
c>ry "s am\nt ( cr$it c>d debt mon? to  
mon?1 ) ! mean am\nt ( self-report$ debt
 equal+ #a1hdg2 ,:]eas ! ,report on !   
,economic ,well-,be+ ( ,u4,s4 ,h\seholds
 9 #bjba by ! ,bo>d ( ,gov]nors ( !     
,f$]al ,res]ve f\nd t #cb p]c5t ( adults
 c\ld n cov] a #djj em]g5cy exp5se )\t  
borr[+ or sell+ some?+ ( value2 ,:]eas1 
accord+ to ! ,qu>t]ly ,report on        
,h\sehold on ,cr$it ,debt = ! f\r? qu>t]
 ( #bjbb releas$ by ! ,f$]al ,res]ve    
,bank ( ,new ,york's ,c5t] =            
,microeconomic ,data1 out/&+ h\sehold   
debt 9 ! ,unit$ ,/ates 0 #af4i trillion2
 ,:]eas1 accord+ to ! #bjbb ,survey ( ! 
,/ates3 ,economic & ,p]sonal ,f9ance    
,education 9 ,our ,nation's ,s*ools1 a  
bi5nial report by ! ,c\ncil = ,economic 
,education-- 7#a7 only #be ,/ates       
require /ud5ts to take an economics     
c\rse z a high s*ool graduation         

requirem5t2 &  7#b7 only #bc ,/ates     
require /ud5ts to take a p]sonal f9ance 
c\rse z a high s*ool graduation         
requirem5t1 ei!r indep5d5tly or z "p (  
an economics c\rse2 ,:]eas1 accord+ to !
 ,fidelity ,inve/m5ts #bjbb ,te5s &     
,money ,/udy survey+ "y p ages #ac to   
#ag1 only #di p]c5t ( /ud5ts 9 ! ,unit$ 
,/ates h op5$ a bank acc\nt2 ,:]eas     
exp&+ access to ! safe1 ma9/ream        
f9ancial sy/em w provide individuals )  
less exp5sive & m secure options =      
manag+ f9ances & build+ weal?2 ,:]eas   
quality p]sonal f9ancial education is   
ess5tial to ensure t individuals are    
prep>$-- 7#a7 to manage money1 cr$it1 & 
debt2 &  7#b7 to become responsible     
work]s1 heads ( h\sehold1 inve/ors1     
entrepr5eurs1 bus9ess lead]s1 & citiz5s2
 ,:]eas increas$ f9ancial lit]acy emp[]s
 individuals to make wise f9ancial      
decisions & r$uces ! confusion caus$ by 
an increas+ly complex economy2 ,:]eas a 
great] und]/&+ (1 & famili>ity )1       
f9ancial m>kets & in/itutions w lead to 

increas$ economic activity & gr[?2 &    
,:]eas1 9 #bjjc1 ,congress-- 7#a7       
det]m9$ t coord9at+ ,f$]al f9ancial     
lit]acy ef=ts & =mulat+ a national      
/rategy is important2 &  7#b7 9 light ( 
t det]m9ation1 pass$ ! ,f9ancial        
,lit]acy & ,education ,improvem5t ,act  
7#bj ,u4,s4,c4 #igja et seq471 e/abli%+ 
! ,f9ancial ,lit]acy & ,education       
,commission3 ,n[1 !re=e1 be x  ,t !     
,h\se ( ,repres5tatives-- 7#a7 supports 
! goals & ideals ( ,f9ancial ,lit]acy   
,mon? to raise public aw>5ess ab\t--    
7,a7 ! importance ( p]sonal f9ancial    
education 9 ! ,unit$ ,/ates2 &  7,b7 !  
s]i\s consequ5ces t may result f a lack 
( und]/&+ ab\t p]sonal f9ances2 &  7#b7 
calls on ! ,f$]al ,gov]nm5t1 ,/ates1    
localities1 s*ools1 nonpr(it            
organizations1 bus9esses1 & ! p ( !     
,unit$ ,/ates to obs]ve ,f9ancial       
,lit]acy ,mon? ) appropriate programs & 
activities4