April 19, 2024

Cassidy, Scott, Reed Introduce Resolution Declaring April Financial Literacy Month

WASHINGTON – U.S. Senators Bill Cassidy, M.D. (R-LA), Tim Scott (R-SC), and Jack Reed (D-RI) introduced a resolution to declare April as Financial Literacy Month. 

“Understanding personal finance and healthy spending habits creates long-term financial security,” said Dr. Cassidy. “Financial Literacy Month is a chance to empower families with the knowledge and tools they need to take control of their financial futures.”

“Financial literacy is the cornerstone to achieving financial independence and opening the pathway to the American Dream. Throughout my time in Congress, and as the top Republican on the Senate Banking Committee, I’ve made it my mission to champion programs and resources that make financial education more accessible. This resolution furthers that work by helping to bring awareness to this important topic,” said Senator Scott.

“From managing a household budget to making major purchases, paying for college, starting a business, and laying the foundation for a secure retirement, financial literacy is a lifelong endeavor. Unfortunately, too many Americans lack basic financial literacy to make informed decisions, and this has impacts on their children, local communities, and generations to come. Raising awareness about the resources available to improve financial literacy is the first step on the path to a financially secure future.  I’m pleased our Senate colleagues are coming together on a bipartisan basis to recognize and celebrate the twentieth annual Financial Literacy Month,” said Senator Reed.

Cassidy, Scott, and Reed were joined by U.S. Senators Dick Durbin (D-IL), Susan Collins (R-ME), Mike Crapo (R-ID), John Barrasso (R-WY), Roger Wicker (R-MS), Jim Risch (R-ID), Angus King (I-ME), Shelley Moore Capito (R-WV), Steve Daines (R-MT), Mike Rounds (R-SD), Maggie Hassan (D-NH), Catherine Cortez Masto (D-NV), Cindy Hyde-Smith (R-MS), Kevin Cramer (R-ND), Mitt Romney (R-UT), Mike Braun (R-IN), and Rick Scott (R-FL) in cosponsoring the resolution. 

Click here for full text of the resolution.