[Federal Register Volume 77, Number 66 (Thursday, April 5, 2012)]
[Presidential Documents]
[Pages 20497-20498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-8323]


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  Federal Register / Vol. 77, No. 66 / Thursday, April 5, 2012 / 
Presidential Documents  

[[Page 20497]]


                Proclamation 8793 of April 2, 2012

                
National Financial Capability Month, 2012

                By the President of the United States of America

                A Proclamation

                Across our country, millions of Americans work hard and 
                play by the rules to protect the gains they have made 
                and secure a brighter future for their loved ones. The 
                resilience and ingenuity of our people are driving our 
                economic recovery, and as we lay the foundation for an 
                America built to last, we must also promote a financial 
                system that is fair and sound for all. During National 
                Financial Capability Month, we recommit to ensuring 
                everyone has access to the information and tools that 
                empower them to operate safely and smartly in the 
                marketplace.

                A strong and stable economy requires responsibility 
                from top to bottom--from banks and borrowers to workers 
                and executives. To protect everyday Americans from 
                abuses in the financial industry, I appointed Richard 
                Cordray to head the Consumer Finance Protection Bureau 
                (CFPB). His responsibility--and that of the CFPB--is to 
                ensure all Americans have the resources they need to 
                make sound financial decisions, and to guarantee every 
                individual receives fair treatment when they apply for 
                a mortgage, take out a student loan, or use a credit 
                card.

                As we work to put an end to predatory behavior in our 
                financial markets, my Administration is taking action 
                to empower individuals and families with the tools they 
                need to get ahead. Last year, we collaborated with 
                representatives from the private, public, and non-
                profit industries to release the National Strategy for 
                Financial Literacy--a comprehensive plan to improve 
                financial education across our country. The President's 
                Advisory Council on Financial Capability (PACFC) 
                continues to identify and promote the most effective, 
                data-driven strategies to better educate Americans on 
                financial issues. With help from the PACFC, we are 
                working to provide our young people with financial 
                skills to become successful students, entrepreneurs, 
                and leaders; to ensure American workers are able to 
                provide for their loved ones and save for retirement; 
                and to foster financial capability in families and 
                communities across our Nation.

                During National Financial Capability Month, we 
                rededicate ourselves to advancing robust consumer 
                education and to helping every individual take 
                ownership of their financial future. I encourage all 
                Americans to take advantage of the free, reliable 
                financial resources at www.MyMoney.gov, 
                www.ConsumerFinance.gov, and 1-888-MyMoney.

                NOW, THEREFORE, I, BARACK OBAMA, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and the laws of the 
                United States, do hereby proclaim April 2012 as 
                National Financial Capability Month. I call upon all 
                Americans to observe this month with programs and 
                activities to improve their understanding of financial 
                principles and practices.

[[Page 20498]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                second day of April, in the year of our Lord two 
                thousand twelve, and of the Independence of the United 
                States of America the two hundred and thirty-sixth.
                
                
                    (Presidential Sig.)

[FR Doc. 2012-8323
Filed 4-4-12; 8:45 am]
Billing code 3295-F2-P