Political Quotes

“I thank Mr. Kilmer for yielding. I rise in support of the Kilmer-Hinojosa-Bachus-Petri-Tsongas amendment. This amendment will ensure that students are aware of important consumer information tools of the Financial Literacy and Education Commission created by the Treasury. {time} 1315 We know that students often lack basic financial literacy, which makes it hard for them to make thoughtful decisions on complex financial products. Financial institutions may be providing information that is designed to steer young people into accounts that may not be best for them. Providing important consumer information in an unbiased way can increase financial literacy of students and may help reduce college costs. That is exactly what this amendment accomplishes. I urge my colleagues to vote ``yes'' on this amendment so students can be equipped with better and more comprehensive financial literacy tools.”