11/06/2019
https://congress.gov...
"Auto enrollment is an idea that is founded in behavioral economics and recognizes the reality that people typically make decisions based on habit and human nature."
"The financial literacy of Americans is a problem. It is an issue. I think it is something that ought to be addressed not only in families but in schools, in workplaces, homes, civil society, instituti..."
"I also believe in the American people and I think auto enrollment could end up harming the daily budgets of many low-income Americans and young families."
"Removing the responsibility and the opportunity from the American people to make a conscious decision to save is not necessarily going to make them more financially literate, nor will it empower them ..."