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April 03 2014

John Hope Bryant Speaks at Financial Literacy Summit 2014 in Chicago

The panel focuses on advancing financial literacy education for America’s youth

Chicago, IL – April 2, 2014 – Operation HOPE Founder, Chairman and CEO John Hope Bryant traveled to Chicago today to participate in the eighth annual Financial Literacy Summit co-hosted by the Federal Reserve Bank of Chicago and Visa Incorporated. Bryant joined several other members from the President Obama's Advisory Council on Financial Capability for Young Americans to discuss their views on the theme Providing Financial Literacy Resources to the Unbanked and Underbanked.

(Click to view the panel discussion.)

“Kids aren’t dropping out of high school; they’re dropping out of Middle School. Mentally they are dropping out in middle school – physically they stop showing up in high school,” said Bryant. “So, we (Operation HOPE) want the toughest schools because that’s where GDP can be unleashed, I don’t think they’re poor neighborhoods they’re emerging markets. America’s youth hold the key to tomorrow’s job creation. Our job is to equip them to be able to bring their business ideas to life.”

The four member panel was moderated by panel Melissa Koide, who serves as Deputy Assistant Secretary Office of Consumer Policy for the U.S. Department of the Treasury and member of President Obama's Advisory Council on Financial Capability for Young Americans. The two other members serving on the panel included John W. Rogers, Jr. Chair of President Obama's Advisory Council on Financial Capability for Young Americans and Chairman, Chief Executive Officer and Chief Investment Officer of Ariel Investments; and Ted Beck Council Member for President Obama's Advisory Council on Financial Capability for Young Americans and the President and Chief Executive Officer for the National Endowment for Financial Education.

Hosted by Bill Sheedy, the executive vice president, Corporate Strategy, M&A and Government Relations for Visa, Inc., the conference drew more than 300 guests to the Federal Reserve Bank of Chicago, with 1,500 people watching the webcast live. Panel discussions at the Summit advance financial literacy policy discussion with senior government leaders, and explore what works globally and by different countries.

About John Hope Bryant

John Hope Bryant is a philanthropic entrepreneur, thought leader and businessman. He is one of the leading voices on poverty eradication and financial dignity today. He serves as a council member of the President Obama’s Advisory Council on Financial Capability for Young Americans. He has worked with the last four sitting president’s on issues of financial inclusion and economic education. A charismatic leader, public speaker and author, Bryant is a regular contributor to LinkedIn. With the publishing of Love Leadership: The New Way to Lead in a Fear-based World, Bryant became a business best-selling author. He has received more than 500 awards and citations for his advocacy work, including Oprah Winfrey’s Use Your Life Award. His new book, due out May 2014, is HOW THE POOR CAN SAVE CAPITALISM, and will be published by Berrett Koehler Publishing.