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Washington
CUs can comment on national fin. ed. policy plan
WASHINGTON (9/8/10)--The Financial Literacy and Education Commission (FLEC) is seeking comment before it finalizes its new draft version of a national strategy for financial literacy. Comments must be received by Sept. 19. FLEC was created by the U.S. Congress in 2003 and charged with boosting the country’s financial literacy through development of a national strategy for consumer education. It’s led by the U.S. Treasury and is comprised of the leaders of 19 other federal agencies, including the National Credit Union Administration. In 2006, the commission released its first National Strategy for Financial Literacy and in July 2009, the body set up a new working group to create a “comprehensive and inclusive process” for education. The working group identified five action areas--policy, education, practice, research, and coordination. The working group's next steps will focus on implementation of the National Strategy and how different types of organizations might integrate the plan into their work. In its request for public comment, FLEC poses a series of specific questions ranging from “do you agree with the vision statement” to “how would your organization implement the draft National Strategy”. Use the resource link below to read the Treasury’s request for comment.
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