But definitely look forward to engage in discussions around policy with regard to Financial Education, which is a term that we prefer at pace as opposed to Financial Literacy. Because oftentimes implies that people are illiterate. Perhaps Financial Empowerment might be a better term. I was born in, on a pineapple plantation in hawaii where the common term today is in farm worker housing. We were poor but didnt know it because we thought everybody lived like that. I dont member very much in having any choice. But we had the ocean as our playground. And so we would chop down some bamboo and use it for fishing poles, or use of force beers to catch fish spears. In spite of the fact that hawaii is paradise, and because its paradise the rich people in the world by property as a result, the cost of living gets driven up. To local residents that use laborers service to these rich people, that are coming to know why. So were hawaii is paradise with the aloha spirit, a lifestyle, sharing and rec
The subcommittee on the near east and central asia. This is just adding underway. He has also spoken on issues like universal prek, and on the domestic front, he is a real leader on universal prek and the needs of children and families in our country and we are indebted to him for that area for that. Afghanistan, in less than one month, afghans will go to the polls to elect a new president. This will be the first transfer of power in afghanistan since 2001, when president karzai came into office. The importance of this political transition cannot be overstated. A successful change in leadership has the potential to usher in a more legitimate Afghan Government that can get to work growing its capacity, its economy, and addressing security threats. On the other hand, a strange electoral process has the possibility to threaten security, reversing many of the gains made since 2001. The Afghan People have make an progress that deserves to be sustained. Afghanistan has broadened access to he
Thanks very much, cyrus. Welcome, everyone, to the department of the treasury. Im very pleased to have all the members of the new counsel here with us, including Richard Cordray and secretary duncan will be here shortly. Im also leaves that we have so many members of the public here. President obama brought together this group of talented men and women stood by zimmerman issue up or found importance to the future of our economy, the Financial Capability of americas young people. Whether it is teenagers spending their first paycheck, College Students making decisions on how to repay Student Loans, or new parents trying to save for a childs education or retirement, it is not only important for their futures. It can strengthen our economy for generations to come. That is why the work we can do can significantly impact how successful we are at growing the middle class and increasing Economic Opportunity for all americans. Virtually, theres much we can do to improve Financial Capability and
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