[Federal Register Volume 69, Number 165 (Thursday, August 26, 2004)]
[Notices]
[Page 52538]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-19527]


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DEPARTMENT OF THE TREASURY


Comment Request for Financial Literacy and Education Commission 
National Strategy

AGENCY: Departmental Offices, Treasury.

ACTION: Request for comments.

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SUMMARY: The Financial Literacy and Education Improvement Act 
established the Financial Literacy and Education Commission. On behalf 
of the Commission, the Department of the Treasury invites the public to 
comment on the development of a national strategy to promote the basic 
financial literacy and financial education of everyone in the United 
States.

DATES: Comments should be received on or before October 31, 2004 to be 
assured of consideration.

ADDRESSES: Written comments should be sent to Department of the 
Treasury, Financial Literacy and Education Commission, Room 5001B, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, or via e-mail to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Michael Schutt at (202) 622-5770 (not a toll-free 
call), or by e-mail to the above address.
    Additional information regarding the Commission and the Department 
of the Treasury's Office of Financial Education may be obtained through 
the Office of Financial Education's Web site at: http://www.treas.gov/financialeducation.

SUPPLEMENTARY INFORMATION: The Financial Literacy and Education 
Improvement Act, which is Title V of the Fair and Accurate Credit 
Transactions Act of 2003 (the ``FACT Act'') (Pub. L. 108-159), 
established the Financial Literacy and Education Commission to improve 
financial literacy and financial education of persons in the United 
States.
    Request for Comments: Comments are specifically requested 
concerning: (1) What are the three most important issues that the 
national strategy should address, and why? (2) What existing resources 
may be used to address those issues, and how could they be employed? 
(3) What are the best ways to improve financial literacy and financial 
education in the United States? Commenters are urged to keep comments 
succinct and responsive to these questions.
    The Commission: The Commission is chaired by the Secretary of the 
Treasury and is composed of the heads of the Office of the Comptroller 
of the Currency; the Office of Thrift Supervision; the Board of 
Governors of the Federal Reserve System; the Federal Deposit Insurance 
Corporation; the National Credit Union Administration; the Securities 
and Exchange Commission; the Departments of Education, Agriculture, 
Defense, Health and Human Services, Housing and Urban Development, 
Labor, and Veterans Affairs; the Federal Trade Commission; the General 
Services Administration; the Small Business Administration; the Social 
Security Administration; the Commodity Futures Trading Commission; and 
the Office of Personnel Management. The Commission is required, not 
later than 18 months after the date of enactment of the FACT Act, to 
develop a national strategy to promote basic financial literacy and 
education among all American consumers. The FACT Act was enacted on 
December 4, 2003.

    Dated: August 20, 2004.
Dan Iannicola, Jr.,
Deputy Assistant Secretary of the Treasury.
[FR Doc. 04-19527 Filed 8-25-04; 8:45 am]
BILLING CODE 4810-25-P