Presidential Documents

Federal Register / Vol. 77, No. 66 / Thursday, April 5, 2012 / Presidential Documents 20497 

Proclamation 8793 of April 2, 2012 

National Financial Capability Month, 2012 

By the President of the United States of America 

A Proclamation 

Across our country, millions of Americans work hard and play by the 

rules to protect the gains they have made and secure a brighter future 

for their loved ones. The resilience and ingenuity of our people are driving 

our economic recovery, and as we lay the foundation for an America built 

to last, we must also promote a financial system that is fair and sound 

for all. During National Financial Capability Month, we recommit to ensuring 

everyone has access to the information and tools that empower them to 

operate safely and smartly in the marketplace. 

A strong and stable economy requires responsibility from top to bottom— 

from banks and borrowers to workers and executives. To protect everyday 

Americans from abuses in the financial industry, I appointed Richard Cordray 

to head the Consumer Finance Protection Bureau (CFPB). His responsibility— 

and that of the CFPB—is to ensure all Americans have the resources they 

need to make sound financial decisions, and to guarantee every individual 

receives fair treatment when they apply for a mortgage, take out a student 

loan, or use a credit card. 

As we work to put an end to predatory behavior in our financial markets, 

my Administration is taking action to empower individuals and families 

with the tools they need to get ahead. Last year, we collaborated with 

representatives from the private, public, and non-profit industries to release 

the National Strategy for Financial Literacy—a comprehensive plan to improve financial education across our country. The President’s Advisory Council on Financial Capability (PACFC) continues to identify and promote the 

most effective, data-driven strategies to better educate Americans on financial 

issues. With help from the PACFC, we are working to provide our young 

people with financial skills to become successful students, entrepreneurs, 

and leaders; to ensure American workers are able to provide for their loved 

ones and save for retirement; and to foster financial capability in families 

and communities across our Nation. 

During National Financial Capability Month, we rededicate ourselves to 

advancing robust consumer education and to helping every individual take 

ownership of their financial future. I encourage all Americans to take advantage of the free, reliable financial resources at www.MyMoney.gov, 

www.ConsumerFinance.gov, and 1–888–MyMoney. 

NOW, THEREFORE, I, BARACK OBAMA, President of the United States 

of America, by virtue of the authority vested in me by the Constitution 

and the laws of the United States, do hereby proclaim April 2012 as National 

Financial Capability Month. I call upon all Americans to observe this month 

with programs and activities to improve their understanding of financial 

principles and practices. 


Tkelley on DSK3SPTVN1PROD with PRES DOC
20498 Federal Register / Vol. 77, No. 66 / Thursday, April 5, 2012 / Presidential Documents 

IN WITNESS WHEREOF, I have hereunto set my hand this second day 

of April, in the year of our Lord two thousand twelve, and of the Independence of the United States of America the two hundred and thirty-sixth. 

[FR Doc. 2012–8323 

Filed 4–4–12; 8:45 am] 

Billing code 3295–F2–P 


Tkelley on DSK3SPTVN1PROD with PRES DOCOB#1.EPS</GPH>