[Congressional Record (Bound Edition), Volume 162 (2016), Part 4]
[Extensions of Remarks]
[Page 5476]
[From the U.S. Government Publishing Office, www.gpo.gov]




                     FINANCIAL LITERACY MONTH 2016

                                 ______
                                 

                           HON. JOYCE BEATTY

                                of ohio

                    in the house of representatives

                         Friday, April 29, 2016

  Mrs. BEATTY. Mr. Speaker, I rise today in recognition of financial 
literacy month, which is observed in April of every year to emphasize 
the critical role consumer education plays in helping our constituents 
realize the American Dream.
  Each year, too many Americans face difficulties purchasing 
automobiles, buying homes, paying for college, and even finding gainful 
employment due to poor credit history.
  In fact, according to a 2014 American Bankers Association poll, 60 
percent of Americans do not even know their own credit score.
  As a member of the bipartisan Financial and Economic Literacy Caucus, 
I am proud to work tirelessly with my colleagues to improve consumer 
financial education.
  That is why I introduced the Free Credit Score Act of 2016, H.R. 5058 
to require the inclusion of a credit score in a consumer's free annual 
credit report.
  During this Financial Literacy Month, I ask my colleagues to join me 
in the effort to improve consumer education by co-sponsoring this piece 
of legislation.

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