This resolution urges greater collaboration between government agencies and private sector organizations to improve financial literacy education for students and young adults. The measure emphasizes that many young people lack confidence and skills in managing money, budgeting, debt, and major financial decisions, and notes that only 22 states currently require high school economics courses and 39 require personal finance courses. The resolution supports existing efforts by the Bureau of Consumer Financial Protection and directs the Treasury Department to work with the Financial Industry Regulatory Authority to conduct future national financial capability studies. It also reaffirms existing law requiring federal financial agencies to partner with organizations focused on creating internships and employment opportunities for talented minorities and women in the financial services industry. This is a non-binding resolution expressing congressional support rather than establishing new programs or allocating specific funding.
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