,,iii  #aah? ,,congress  #a/ ,session   
,s4 ,,res4 #ahe  ,,9 ,,! ,,s5ate ,,( ,,!
 ,,unit$ ,,/ates  ,april #bg1 #bjbc,mr4 
,re$ 7= himself1 ,mr4 ,scott ( ,s\?     
,c>ol9a1 ,mr4 ,braun1 ,mrs4 ,britt1     
,mrs4 ,capito1 ,mr4 ,c>d91 ,mr4 ,casey1 
,ms4 ,coll9s1 ,ms4 ,cortez ,ma/o1 ,mr4  
,crapo1 ,mr4 ,cruz1 ,mr4 ,da9es1 ,mr4   
,durb91 ,mrs4 ,fe9/e91 ,ms4 ,hassan1    
,mr4 ,k5n$y1 ,ms4 ,klobu*>1 ,mr4 ,lujn1 
,ms4 ,lummis1 ,mr4 ,man*91 ,mr4 ,ris*1  
,ms4 ,ros51 ,mr4 ,r\nds1 ,mr4 ,rubio1   
,mr4 ,:iteh\se1 ,mr4 ,wick]1 ,mr4 ,"y1  
,mr4 ,cassidy1 & ,mrs4 ,blackburn7      
submitt$ ! foll[+ resolution2 :i* 0     
ref]r$ to ! ,committee on ! ,judici>y   
,,resolution  ,designat+ ,april #bjbc z 
,f9ancial ,lit]acy ,mon?4  ,:]eas1      
accord+ to ! report entitl$ ,economic   
,well-,be+ ( ,u4,s4 ,h\seholds 9 #bjba  
by ! ,bo>d ( ,gov]nors ( ! ,f$]al       
,res]ve ,sy/em1 a not$ increase 9       
f9ancial well-be+ occurr$ broadly z !   
,unit$ ,/ates recov]$ f ! ,,covid-#ai   
p&emic1 b exi/+ gaps 9 education1       

e?nicity1 & disability p]si/$2 ,:]eas1  
accord+ to ! #bjba ,f$]al ,deposit      
,insurance ,corporation ,national       
,survey ( ,unbank$ & ,und]bank$         
,h\seholds-- 7#a7 approximately #d4e    
p]c5t ( h\seholds1 repres5t+ #e1ijj1jjj 
h\seholds 9 ! ,unit$ ,/ates1 are unbank$
 &1 !re=e1 h limit$ or no access to     
sav+s1 l5d+1 & o!r basic f9ancial       
s]vices2 &  7#b7 an e/imat$ #ad4a p]c5t 
( h\seholds1 repres5t+ #ah1gjj1jjj      
million h\seholds 9 ! ,unit$ ,/ates1 are
 und]bank$2 ,:]eas1 accord+ to ! #bjba  
,consum] ,f9ancial ,lit]acy &           
,prep>$ness ,survey ( ! ,national       
,f\ndation = ,cr$it ,c\nsel+ & ,wells   
,f>go-- 7#a7 #dg p]c5t ( ! g5]al        
population 9 ! ,unit$ ,/ates report hav+
 cr$it c>d debt2  7#b7 #ch p]c5t (      
adults 9 ! ,unit$ ,/ates report c>ry+   
cr$it c>d balances f mon?-to-mon?2 &    
7#c7 #dd p]c5t ( ! g5]al population 9 ! 
,unit$ ,/ates h a budget & keep close   
track ( exp5ses1 su* z food1 h\s+1 &    
ent]ta9m5t2 ,:]eas1 accord+ to a report 

entitl$ ,f9ancial ,capability ( ,adults 
) ,disabilities by ! ,national          
,disability ,in/itute & ! ,f9ancial     
,indu/ry ,regulatory ,au?ority1 p )     
disabilities 7 m likely to /ruggle ) !  
key compon5ts ( f9ancial capability1 :i*
 are mak+ ends meet1 plann+ ahead1      
manag+ f9ancial products1 & f9ancial k &
 decision-mak+1 & c\ld b5efit f t>get$  
f9ancial education2 ,:]eas1 accord+ to !
 /ati/ical release ( ! ,bo>d ( ,gov]nors
 ( ! ,f$]al ,res]ve ,sy/em = ! f\r?     
qu>t] ( #bjbb entitl$ ,h\sehold ,debt & 
,cr$it-- 7#a7 out/&+ h\sehold debt 9 !  
,unit$ ,/ates has increas$ by           
#b1gej1jjj1jjj1jjj s9ce ! end ( #bjai2  
7#b7 out/&+ /ud5t loan balances h m ?an 
d\bl$ 9 ! la/ decade to ne>ly           
#a1fjj1jjj1jjj1jjj2 &  7#c7 ! %>e ( debt
 newly transition+ into del9qu5cy       
increas$ = ne>ly all debt types1 foll[+ 
#b ye>s ( hi/orically l[ del9qu5cy      
transitions2 ,:]eas1 accord+ to ! #bjbb 
report entitl$ ,survey ( ! ,/ates3      
,economic & ,p]sonal ,f9ance ,education 

9 ,our ,nation's ,s*ools 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 ,:]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>$-- 7#a7 to make   
s\nd money managem5t decisions ab\t     
cr$it1 debt1 insurance1 f9ancial        
transactions1 & plann+ = ! future2 &    
7#b7 to become responsible work]s1 heads
 ( h\sehold1 inve/ors1 entrepr5eurs1    
bus9ess lead]s1 & citiz5s2 ,:]eas       
f9ancial education 9 s*ools 9 ! ,unit$  
,/ates is critical to a long-t]m        
f9ancial inclusion /rategy to rea*      
/ud5ts :o are n able to get suffici5t   

p]sonal f9ance guidance at home2 ,:]eas1
 accord+ to ! #bjba report entitl$ ,game
 ,*ang]3 ,! ,evaluation ( ! ,jumpt>t    
,f9ancial ,f\ndations = ,educators      
,pr(essional ,developm5t ,program by !  
,f9ancial ,lit]acy ,gr\p1 tea*] tra9+   
reg>d+ f9ancial education improves /ud5t
 outcomes significantly1 especially     
among hi/orically und]s]v$ /ud5ts2      
,:]eas increas$ f9ancial lit]acy-- 7#a7 
emp[]s individuals to make wise f9ancial
 decisions2 &  7#b7 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 !     

,s5ate-- 7#a7 designates ,april #bjbc z 
,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