Joyce Beatty (D-OH)
Supporting the goals and ideals of "Financial Literacy Month".
A Democratic resolution with 10 Republican cosponsors · See all 21 cosponsors
Last activity — Referred to the House Committee on Oversight and Government Reform.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
A House resolution is the House speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the House agrees to it, it is officially the House's word; it is not a law, so the Senate and the President have no part in it.
What this bill would do
This resolution expresses support for the goals and ideals of "Financial Literacy Month." It aims to raise public awareness regarding the importance of personal financial education and the potential consequences of not understanding personal finances. The resolution calls upon various entities, including the Federal Government, schools, and businesses, to observe this month with specific programs and activities. It highlights various statistics regarding unbanked households, household debt, and the lack of required personal finance courses in schools. Ultimately, the measure seeks to promote economic activity and growth through better financial understanding.
Yes· 3 of 16
- Scored +3
Would people in their twenties and thirties be better off under this?
The text highlights the importance of financial literacy for young people entering the workforce and banking system.
- Scored +3
Would households on low incomes be better off under this?
Increasing access to the mainstream financial system can benefit unbanked and underbanked populations.
- Scored +3
Would students be better off under this?
The resolution promotes the inclusion of personal finance and economics in school curricula.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Awareness of Financial Education: By supporting "Financial Literacy Month," the resolution aims to highlight how essential quality education is for managing money, credit, and debt. (Resolution, Section 1A)
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Empowerment through Decision Making: The text notes that increased financial literacy can empower individuals to make wise financial decisions and reduce confusion in a complex economy. (Whereas clauses)
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Economic Growth and Activity: Gaining a better understanding of financial markets and institutions is expected to lead to increased economic activity and growth. (Whereas clauses)
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Improved Financial Management Options: Expanding access to the safe, mainstream financial system is intended to provide individuals with more secure and less expensive ways to manage finances and build wealth. (Whereas clauses)
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Increasing access to the mainstream financial system can benefit unbanked and underbanked populations. Would students be better off under this? — The resolution promotes the inclusion of personal finance and economics in school curricula. Would people in their twenties and thirties be better off under this? — The text highlights the importance of financial literacy for young people entering the workforce and banking system. Would business owners be better off under this? — Financial literacy is cited as essential for becoming successful business leaders. Would middle-income households be better off under this? — Financial education can help manage household debt more effectively. Would billionaires be better off under this? — Financial knowledge can aid in more effective investment management. Would children be better off under this? — The resolution encourages personal finance education which can benefit future generations. Would high-income households be better off under this? — Financial literacy can support wealth-building strategies. Would people with substantial wealth be better off under this? — Financial knowledge can aid in more effective investment management. Would people in middle age be better off under this? — Financial literacy can aid in managing household debt and planning for the future. Would retired people be better off under this? — Financial literacy can assist in managing long-term wealth and stability. Would people over 65 be better off under this? — Improved financial management can support long-term financial stability. Would the very wealthiest people be better off under this? — Financial knowledge can aid in more effective investment management.
- Economy And Finance
- Is this likely to grow the economy? — The resolution suggests that better understanding of financial markets will lead to increased economic activity and growth. Does this give people more protection from unfair business practices? — Promoting financial literacy can help individuals avoid debt and manage money more securely.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — Increased financial literacy and access to banking can help reduce the impact of financial instability.
- 4/7/2025
- 3 Cosponsors added.
- 4/3/2025
- Submitted in House
- Referred to the House Committee on Oversight and Government Reform.
- 18 Cosponsors added.
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
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