Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUNA attends 1st meeting of Treasury's youth fin. ed. council
WASHINGTON (3/11/14)--The President's Advisory Council on Financial Capability for Young Americans held its first  meeting Monday and the Credit Union National Association joined U.S. Treasury Secretary Jack Lew, Education Secretary Arne Duncan, Senior Advisor to the President Valerie Jarrett, and private, public and nonprofit leaders and innovators for that inaugural session.

The council was established by President Barack Obama last year. Consumer Financial Protection Bureau Director Richard Cordray also is a member of the council, which has been charged with increasing the financial acuity of young Americans.

"Mastering the basics of financial decision-making at an early age will equip young people for the first major financial decision many Americans are likely to face: Whether to pursue post-secondary education and, if so, how to pay for it," Lew noted in his opening remarks.

"The primary purpose of the advisory council meeting was to provide a forum for council members to meet in person and share what they believe to be the most pressing issues facing the nation's youth," CUNA Senior Assistant General Counsel Luke Martone said following the meeting.

The council will follow up on the formal recommendations of the President's Advisory Council on Financial Capability, which included promoting financial education in the community and researching and evaluating those efforts.
RSS





print
News Now LiveWire
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
7 hours ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
8 hours ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
8 hours ago
.@SEC_News 2/19 proxy voting roundtable: contested director elections, increasing retail shareholder participation http://t.co/8k0p6ZvNL8
9 hours ago
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
10 hours ago