§ 9702. Establishment of Financial Literacy and Education Commission
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(a)In general There is established a commission to be known as the “Financial Literacy and Education Commission”.
(b)Purpose The Commission shall serve to improve the financial literacy and education of persons in the United States through development of a national strategy to promote financial literacy and education.
(c)Membership
(1)Composition The Commission shall be composed of—
(A)the Secretary of the Treasury;
(B)the respective head of each of the Federal banking agencies (as defined in section 1813 of title 12), the National Credit Union Administration, the Securities and Exchange Commission, each of the Departments of Education, Agriculture, Defense, Health and Human Services, Housing and Urban Development, Labor, and Veterans Affairs, the Federal Trade Commission, the General Services Administration, the Small Business Administration, the Social Security Administration, the Commodity Futures Trading Commission, and the Office of Personnel Management;
(C)the Director of the Bureau of Consumer Financial Protection; and
(D)at the discretion of the President, not more than 5 individuals appointed by the President from among the administrative heads of any other Federal agencies, departments, or other Federal Government entities, whom the President determines to be engaged in a serious effort to improve financial literacy and education.
(2)Alternates Each member of the Commission may designate an alternate if the member is unable to attend a meeting of the Commission. Such alternate shall be an individual who exercises significant decisionmaking authority.
(d)Chairperson The Secretary of the Treasury shall serve as the Chairperson. The Director of the Bureau of Consumer Financial Protection shall serve as the Vice Chairman.
(e)Meetings The Commission shall hold, at the call of the Chairperson, at least 1 meeting every 4 months. All such meetings shall be open to the public. The Commission may hold, at the call of the Chairperson, such other meetings as the Chairperson sees fit to carry out this chapter.
(f)Quorum A majority of the members of the Commission shall constitute a quorum, but a lesser number of members may hold hearings.
(g)Initial meeting The Commission shall hold its first meeting not later than 60 days after December 4, 2003.
(Pub. L. 108–159, title V, § 513, Dec. 4, 2003, 117 Stat. 2003; Pub. L. 111–203, title X, § 1013(d)(5), (6), July 21, 2010, 124 Stat. 1971.)
Connections48 cite this · traces to 2
Cited by 48 sections · top 45
U.S. Code
statute-compilations
statutes-at-large
- Public Law 108–159To amend the Fair Credit Reporting Act, to prevent identity theft, improve resolution of consumer disputes, improve the accuracy of consumer records, make improvements in the use of, and consumer access to, credit information, and for other purposes
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
bill
- Sec. 5Conforming amendments
- Sec. 2Financial Product Safety Commission
- Sec. 2Financial Product Safety Commission
- Sec. 3Conforming amendments
- Sec. 4Conforming amendments
- Sec. 637
- Sec. 637
- Sec. 4Conforming amendments
- Sec. 505
- Sec. 505
- Sec. 505
- Sec. 311Consumer Financial Opportunity Commission
- Sec. 311Consumer Financial Opportunity Commission
- Sec. 2Management of the Bureau
- Sec. 4Conforming amendments
- Sec. 711Consumer Law Enforcement Agency
- Sec. 711Consumer Law Enforcement Agency
- Sec. 711Consumer Law Enforcement Agency
- Sec. 2Management of the Bureau
- Sec. 4Conforming amendments
- Sec. 4Conforming amendments
- Sec. 4Conforming amendments
- Sec. 4Conforming amendments
- Sec. 4Conforming amendments
- Sec. 2Consumer Financial Empowerment Agency
- Sec. 4Conforming amendments
- Sec. 104Conforming amendments
- Sec. 104Conforming amendments
- Sec. 502
- Sec. 2Improvements to financial literacy training
- Sec. 501
- Sec. 2Improvements to financial literacy training
- Sec. 561Improvements to financial literacy training
- Sec. 4Conforming amendments
- Sec. 2Consumer Financial Empowerment Agency
Traces to 2 documents
7 references not yet in our index
- Pub. L. 108–159, title V, § 513
- 117 Stat. 2003
- Pub. L. 111–203, title X, § 1013(d)(5)
- 124 Stat. 1971
- Pub. L. 111–203, § 1013(d)(5)
- Pub. L. 111–203, § 1013(d)(6)
- section 3 of Pub. L. 108–159
Citation graph
cites case law
§ 9702
Establishment of Financial Literacy and Education Commission
Bills×35
U.S.C.×5
Stat. Comp.×3
Stat.×3
Fed. Reg.×2
Pub. L.Pub. L. 108–159, title V, § 513
Stat.117 Stat. 2003
Pub. L.Pub. L. 111–203, title X, § 1013(d)(5)
Stat.124 Stat. 1971
Pub. L.Pub. L. 111–203, § 1013(d)(5)
Cites 9 · showing 7Cited by 48 across 5 sources