[Federal Register Volume 76, Number 250 (Thursday, December 29, 2011)]
[Notices]
[Page 82041]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-33357]


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DEPARTMENT OF THE TREASURY


Open Meeting of the President's Advisory Council on Financial 
Capability

AGENCY: Department of the Treasury.

ACTION: Notice of meeting.

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SUMMARY: The President's Advisory Council on Financial Capability 
(``Council'') will convene for a public meeting on January 19, 2012 at 
the Department of the Treasury, 1500 Pennsylvania Avenue NW., 
Washington, DC, beginning at 10 a.m. Eastern Time. The meeting will be 
open to the public. The Council will: (1) Receive a report from the 
Council's subcommittees (Financial Access, Research and Evaluation, 
Partnerships, and Youth) on their progress; (2) review membership and 
composition of the subcommittees, and (3) hear from outside experts 
about practices and innovations regarding financial capability in the 
workplace.

DATES: The meeting will be held on January 19, 2012, at 10 a.m. Eastern 
Time.

SUBMISSION OF WRITTEN STATEMENTS: The public is invited to submit 
written statements to the Council. Written statements should be sent by 
any one of the following methods:

Electronic Statements

    Email [email protected]; or

Paper Statements

    Send paper statements to the Department of the Treasury, Office of 
Financial Education and Financial Access, Main Treasury Building, 1500 
Pennsylvania Avenue NW., Washington, DC 20220.
    In general, the Department will make all statements available in 
their original format, including any business or personal information 
provided such as names, addresses, email addresses, or telephone 
numbers, for public inspection and photocopying in the Department's 
library, Room 1428, Main Department Building, 1500 Pennsylvania Avenue 
NW., Washington, DC 20220, on official business days between the hours 
of 10 a.m. and 5 p.m. You can make an appointment to inspect statements 
by calling (202) 622-0990. All statements received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. You should only submit 
information that you wish to make publicly available.

FOR FURTHER INFORMATION CONTACT: Louisa Quittman, Director, Community 
Programs, Department of the Treasury, 1500 Pennsylvania Avenue NW., 
Washington, DC 20220, at (202) 622-5770 or [email protected].

SUPPLEMENTARY INFORMATION: On January 29, 2010, the President signed 
Executive Order 13530, creating the Council to assist the American 
people in understanding financial matters and making informed financial 
decisions, thereby contributing to financial stability. The Council is 
composed of two ex officio Federal officials and 13 non-governmental 
members appointed by the President with relevant backgrounds, such as 
financial services, consumer protection, financial access, and 
education. The role of the Council is to advise the President and the 
Secretary of the Treasury on means to promote and enhance individuals' 
and families' financial capability. The Council held its first meeting 
on November 30, 2010. At that meeting, the Chair recommended the 
establishment of five subcommittees to focus on the following strategic 
areas: National Strategy, Financial Access, Research and Evaluation, 
Partnerships, and Youth. The Council met again on April 21, 2011, and 
approved two recommendations: that the Department of the Treasury hold 
a challenge to the private sector to create applications for mobile 
devices that promote financial capability and financial access, and 
that the Department of the Treasury support the Workplace Leaders in 
Financial Education Award. On July 12, 2011, the Council held a public 
meeting via webcast. The Council presented the proposed themes and 
principles for the Council's consideration. For more information about 
the proposed themes and principles, please go to http://www.treasury.gov, click on Resource Center, then Office of Financial 
Education and Financial Access, and then on the President's Advisory 
Council on Financial Capability. The Council also recommended that the 
United States join other Organization for Economic Cooperation and 
Development countries in administering the 2012 Programme for 
International Student Assessment financial literacy assessment, and 
identify funding to support this implementation. On November 8, 2011 
the Council held its fourth meeting, where it heard from experts about 
youth financial capability and the use of technology in improving 
financial capability and made recommendations to the Department of the 
Treasury on the development of outcome metrics, evaluation and research 
standards in connection with the subcommittees' report, and to work 
with FINRA on a second National Financial Capability Study.
    In accordance with section 10(a) of the Federal Advisory Committee 
Act, 5 U.S.C. App. 2 and the regulations thereunder, Josh Wright, 
Designated Federal Officer of the Council, has ordered publication of 
this notice that the Council will convene its fifth meeting on January 
19, 2012 at the Department of the Treasury, 1500 Pennsylvania Avenue 
NW., Washington, DC, beginning at 10 a.m. Eastern Time. The meeting 
will be open to the public. Members of the public who plan to attend 
the meeting must RSVP with their name, organization represented (if 
any), phone number, and email address. To register, please go to http://www.treasury.gov, click on Resource Center, then Office of Financial 
Education and Financial Access, and then on the President's Advisory 
Council on Financial Capability or call (202) 622-5770 by 5 p.m. 
Eastern Time on January 12, 2011. For entry into the building on the 
date of the meeting, attendees must present a government-issued ID, 
such as a driver's license or passport, which includes a photo. The 
purpose of the meeting is to receive an update from the Council's 
subcommittees on their progress. The Council will review the membership 
and the composition of its subcommittees. The Council will also hear 
from outside experts about practices and innovations around financial 
capability in the workplace.

Alastair Fitzpayne,
Executive Secretary, U.S. Department of the Treasury.
[FR Doc. 2011-33357 Filed 12-28-11; 8:45 am]
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