April 19 2011
Signaling Support for Congressional Financial Legislation and Action, Operation HOPE Participates in Annual Financial Literacy Day on Capitol Hill
Washington, D.C. - April 19, 2011- Participating in Capitol Hill's annual Financial Literacy Day celebrations on April 15, 2011, financial literacy and economic empowerment nonprofit Operation HOPE (HOPE) joined The Jump$tart Coalition, Junior Achievement, and the Council for Economic Education to advance the issue of financial literacy as a national priority in America.
HOPE Founder, Chairman and CEO John Hope Bryant met with Capitol Hill Day original honorary host and U.S. Senator Daniel Akaka in Washington to discuss the state of financial literacy, financial capability and strategies on putting a greater emphasis on economic emergency preparedness.
With the Financial Services Roundtable (Roundtable) as a partnering organization, HOPE used the occasion to deliver a joint letter of support signed by Bryant and Roundtable President Steve Bartlett for congressional financial literacy bills sponsored by U.S. Congressman Emanuel Cleaver, U.S. Congressman Andre Carson and U.S. Senator Daniel Akaka. The letter can be read here.
"Hill Day" 2011, was held in conjunction with the offices of U.S. Representatives Judy Biggert (R-IL) and Rubén Hinojosa (D-TX), co-founders of the House Financial Literacy Caucus. U.S. Senate Resolution 121 recognizes April 2011 as Financial Literacy Month and highlights the Gallup-Operation HOPE Financial Literacy Index - which measures a youth's understanding of basic financial matters and how that understanding relates to his or her hope for the future. Click here for the results of the study.
Since its beginning in 2003, HOPE has participated in the annual gathering which successfully brings together Members of Congress, their staffs, and representatives from federal agencies as well as other organizations and nonprofits. The event highlights not only the concept of financial literacy but focuses attention on related programs, products and initiatives as well.
In June 2009, HOPE and the Roundtable entered into a landmark Joint Framework Agreement. An overview of their first year successes can be found here. The accord was designed to demonstrate the financial services industry's commitment to financial literacy through highly visible principles and the efforts of one of the Roundtable's leading nonprofit partners, HOPE.
The Roundtable represents 100 of the largest integrated financial services companies in the United States.