National Financial Capability Month, 2021, 17683-17684 [2021-07169]

Agencies

• Executive Office of the President

[Federal Register Volume 86, Number 64 (Tuesday, April 6, 2021)]
[Presidential Documents]
[Pages 17683-17684]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07169]




                        Presidential Documents 



Federal Register / Vol. 86, No. 64 / Tuesday, April 6, 2021 / 
Presidential Documents

[[Page 17683]]


                Proclamation 10169 of March 31, 2021

                
National Financial Capability Month, 2021

                By the President of the United States of America

                A Proclamation

                My Administration is working hard to help Americans 
                overcome the financial impact of COVID-19 and the deep-
                rooted inequities in our society that have greatly 
                limited the economic prosperity of too many Americans. 
                Given the disproportionate impact the pandemic is 
                having on minority and low-income communities, a 
                concerted effort by the Federal Government is necessary 
                for recovery and building back a better economy. 
                Financial education that builds financial capability 
                helps families receive assistance, build resilience, 
                and benefit from a stronger and more equitable economy. 
                April is recognized as National Financial Capability 
                Month to highlight the value of high-quality financial 
                education to improving Americans' financial capability.

                The Financial Literacy and Education Commission, a 23-
                member body of Federal agencies, chaired by the 
                Secretary of the Treasury, was created to coordinate 
                and improve financial education for all Americans. Its 
                members are helping address the financial challenges 
                our country faces as a result of the COVID-19 pandemic. 
                Agencies are reaching American families with critical 
                assistance and information on home mortgage 
                forbearance, student loan repayment relief, 
                unemployment assistance, and economic impact payments. 
                Federal agencies are also alerting the public about 
                scams, bogus investments, and other ways bad actors 
                have tried to take advantage of people during this 
                crisis.

                High-quality financial education should build on and 
                respond to people's individual strengths, 
                circumstances, and needs in order to help them work 
                toward their own unique goals. Yet such high-quality 
                financial education has not historically reached all 
                Americans, especially our most underserved low-income 
                and minority communities. This month, all financial 
                educators in Federal, State, local, and Tribal 
                governments, schools, and private sector organizations 
                should recognize the systemic disparities in our 
                society that have acted as barriers to financial well-
                being for too many families. They should redouble their 
                efforts to better understand and effectively serve 
                historically underserved people and communities, 
                including people of color, low-income individuals, and 
                persons with disabilities.

                NOW, THEREFORE, I, JOSEPH R. BIDEN JR., 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 2021 as 
                National Financial Capability Month. I call upon all 
                Americans to observe this month by understanding 
                barriers to financial well-being, and taking action to 
                build their own financial capability and assist others 
                to do so.

[[Page 17684]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                thirty-first day of March, in the year of our Lord two 
                thousand twenty-one, and of the Independence of the 
                United States of America the two hundred and forty-
                fifth.
                
                
                    (Presidential Sig.)

[FR Doc. 2021-07169
Filed 4-5-21; 8:45 am]
Billing code 3295-F1-P