HR 486 · in committee · significant
Young Americans Financial Literacy Act
- education
What this bill does
- The bill requires the Consumer Financial Protection Bureau to award grants for financial literacy education programs serving young people and families.
- Eligible grantees include partnerships of schools, nonprofits, financial institutions, and government agencies.
- The grant program runs through 2029 and funds program development, teacher training, student loan default reduction, and program research.
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Community Threads
Started by Cosponsor
- 01
How should the CFPB prioritize grant distribution among schools in wealthy versus under-resourced communities?
- 02
What evidence exists that financial literacy programs actually reduce student loan defaults and improve long-term financial outcomes?
- 03
Which organizations—schools, nonprofits, or financial institutions—should lead these partnerships to avoid conflicts of interest?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-IN-7
André Carson
Citizen cosponsors
0
In Congress
50/ 435
House Reps cosponsoring
Introduced 2025-01-16
Joining the bill
Adriano Espaillat
D-NY-13 · original
Jahana Hayes
D-CT-5 · original
Gabe Amo
D-RI-1 · original
Dwight Evans
D-PA-3 · original
Ed Case
D-HI-1 · original
Madeleine Dean
D-PA-4 · original
Steve Cohen
D-TN-9 · original
Nanette Diaz Barragán
D-CA-44 · original
Sean Casten
D-IL-6 · original
Shontel M. Brown
D-OH-11 · original
Troy A. Carter
D-LA-2 · original
Henry C. "Hank" Johnson, Jr.
D-GA-4 · original
+ 38 more
Legislative timeline
2025-01-16 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-01-16 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-01-16 · IntroReferral
Introduced in House
2025-01-16 · IntroReferral
Sponsor introductory remarks on measure. (CR E40)
2025-01-16 · IntroReferral
Introduced in House
Citizen comments
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