Political Quotes

“I thank Madam Speaker for the opportunity to speak on this important resolution, H. Res. 327, and I want to thank my good friend from Illinois, Dr. Foster, for his passion on this measure to benefit, particularly, the young people in this country. Certainly, as the most prominent Ph.D. in the House of Representatives and a pioneering entrepreneur, he knows the value of financial literacy. And I am proud, as a former community banker and investment manager, somebody who dealt with families, their kids, and older Americans for 30 years in finance, to partner on this very important promotion of financial literacy for students and young adults. It is wonderful that it is a bipartisan effort by our committee. And it is truly unfortunate, Madam Speaker, that only 25 States require high school students to take a financial literacy class in order to graduate. As a result, many children and adolescents grow into adults who don't know how to properly save, spend, and budget. I am proud that Arkansas is one of those 25 States, Madam Speaker, as we enacted our requirement back in 2005. But, going back even further to 1962, Arkansas, through the leadership of Bessie Moore, a remarkable educator in our State, created something called Economics Arkansas, which, every summer, puts on financial literacy training for all of our teachers, K through 12, so that they understand to put financial literacy in all the classrooms.…”