Open Meeting of the President's Advisory Council on Financial Capability, 65780 [2011-27423]

Agencies

• DEPARTMENT OF THE TREASURY
• Department of Treasury

[Federal Register Volume 76, Number 205 (Monday, October 24, 2011)]
[Notices]
[Page 65780]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-27423]


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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 November 8, 2011 at 
the Department of Treasury, 1500 Pennsylvania Avenue, NW., Washington, 
DC, beginning at 10:30 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, (3) review the comments the Council received on its 
proposed themes and principles that were posted for public comment on 
September 1, 2011, and (4) hear from outside experts about youth 
financial capability and the use of technology in improving financial 
capability.

DATES: The meeting will be held on November 8, 2011, at 10:30 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

    E-mail ofe@treasury.gov.

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, e-mail 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: Dubis Correal, Director, Office of 
Financial Education, Department of the Treasury, 1500 Pennsylvania 
Avenue, NW., Washington, DC 20220, at (202) 622-5770 or 
ofe@treasury.gov.

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 12 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, click here. 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.
    In accordance with section 10(a) of the Federal Advisory Committee 
Act, 5 U.S.C. App. 2 and the regulations thereunder, Dubis Correal, 
Designated Federal Officer of the Council, has ordered publication of 
this notice that the Council will convene its fourth meeting on 
November 8, 2011 at the Department of Treasury, 1500 Pennsylvania 
Avenue, NW., Washington, DC, beginning at 10:30 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 
https://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 November 1, 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, and the comments received on 
the Council's proposed themes and principles. The Council will also 
hear from outside experts on youth financial capability and how 
technology can improve the financial capability of youths.

Alastair Fitzpayne,
Executive Secretary, U.S. Department of the Treasury.
[FR Doc. 2011-27423 Filed 10-21-11; 8:45 am]
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