CONGRESS FOR VOTERS

John Reed (D-RI)

A resolution designating April 2026 as "Financial Literacy Month".

S.Res. 694 · Senate resolution Finance and Financial Sector

A Democratic resolution with 19 Republican cosponsors · See all 28 cosponsors

Last activity — Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2076-2077; text: CR S2084-2085)

Adopted

The chamber formally agreed to it, and for a resolution that is the finish line: what it says is now officially the chamber's position, rule or tribute.

Nothing more is needed. A resolution is how a chamber speaks for itself or sets its own rules, so adopting it is what puts it into effect. It is not a law, so there is nothing for the President to sign.

Its path through Congress

  1. Introduced
  2. Officially Recorded
  3. Adopted by the Senate unanimous consent

A Senate resolution is the Senate speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the Senate agrees to it, it is officially the Senate's word; it is not a law, so the House and the President have no part in it.

The Senate by unanimous consent (no one objected, so there was no vote): no senator's position on it was recorded.

What this bill would do

This resolution designates April 2026 as "Financial Literacy Month." The goal is to raise public awareness regarding the importance of personal financial education. It also aims to highlight the serious consequences that can occur from a lack of understanding about personal finances. To achieve this, the resolution calls on the Federal Government, States, localities, schools, nonprofit organizations, businesses, and the people of the United States to observe the month with appropriate programs and activities.

Yes· 3 of 11

  • Scored +2

    Would children be better off under this?

    The bill highlights that financial education in high school can improve the financial knowledge and behavior of young adults.

  • Scored +2

    Would people in their twenties and thirties be better off under this?

    The resolution states that financial education is associated with fewer defaults and higher credit scores among young adults aged 18 to 21.

  • Scored +2

    Would households on low incomes be better off under this?

    The resolution aims to reach students who cannot get financial guidance at home and helps those who are unbanked or underbanked.

The opposite

No question was scored the opposite.