IV 
111TH CONGRESS 
1ST SESSION 
H. RES. 65 
Expressing the support of the House of Representatives for efforts to increase 
financial literacy in the United States and recognizing the work of 
John Hope Bryant to raise awareness about the importance of financial 
and economic literacy. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 14, 2009 
Ms. WATSON (for herself, Mr. MEEKS of New York, Ms. MOORE of Wisconsin, 
Mr. CLEAVER, Mr. WATT, Mrs. CHRISTENSEN, Mr. DAVIS of Illinois, Mr. 
PAYNE, Ms. CORRINE BROWN of Florida, Mr. JOHNSON of Georgia, Ms. 
EDWARDS of Maryland, Ms. CLARKE, Mr. RUSH, Ms. HIRONO, Ms. KAP-
TUR, Mr. HASTINGS of Florida, Mr. RANGEL, Ms. ESHOO, Mr. BARROW, 
Mr. MCDERMOTT, Mr. BECERRA, and Mr. CARSON of Indiana) submitted 
the following resolution; which was referred to the Committee on Finan-
cial Services 
RESOLUTION 
Expressing the support of the House of Representatives for 
efforts to increase financial literacy in the United States 
and recognizing the work of John Hope Bryant to raise 
awareness about the importance of financial and eco-
nomic literacy. 
Whereas financial literacy is the ability of individuals to make 
appropriate decisions in managing their personal fi-
nances; 
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•HRES 65 IH 
Whereas raising levels of financial literacy in the United 
States should be one of the top priorities of the Federal 
Government; 
Whereas the President’s Advisory Council on Financial Lit-
eracy was created on January 22, 2008, by President 
George W. Bush; 
Whereas the purpose of the Council is to help keep America 
competitive and assist the American people in under-
standing and addressing financial matters; 
Whereas a survey has found that four out of every ten Amer-
ican workers are not saving for retirement; 
Whereas approximately 800,000 families filed for bankruptcy 
in 2007; 
Whereas research shows that when employers offer financial 
education programs, in the form of brochures or semi-
nars, workers in the United States increase their partici-
pation in retirement plans, which allow them to save and 
invest for their own retirement; 
Whereas the United States educational system should teach 
financial literacy from elementary school through high 
school; 
Whereas minorities in the United States are more likely to 
be financially illiterate; 
Whereas John Hope Bryant, founder of the nonprofit organi-
zation Operation HOPE, has been working with minority 
and poor communities to educate children and adults on 
the importance of financial literacy; 
Whereas the mission of Operation HOPE mission is to ex-
pand economic opportunity in underserved communities 
through economic education and empowerment; 
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•HRES 65 IH 
Whereas on March 4, 2008, John Hope Bryant was ap-
pointed to a 2-year term on the Advisory Board for the 
Office of Financial Empowerment of the City of New 
York’s Department of Consumer Affairs; 
Whereas on January 22, 2008, President George W. Bush, 
appointed John Hope Bryant to a 2-year term as Vice 
Chairman of the President’s Advisory Council on Finan-
cial Literacy; 
Whereas on June 13, 2004, John Hope Bryant was ap-
pointed by President George W. Bush to a 4-year term 
on the Community Development Advisory Board of the 
Community Development Financial Institutions Fund of 
the Department of the Treasury; and 
Whereas on April 18, 2002, John Hope Bryant signed a 
memorandum of agreement with the Federal Deposit In-
surance Corporation on behalf of Operation HOPE, cre-
ating a partnership to educate the whole family in eco-
nomic literacy: Now, therefore, be it 
Resolved, That the House of Representatives— 
(1) supports the efforts of the President’s Advi-
sory Council on Financial Literacy in working with 
the public and private sectors to increase financial 
education for youth in school and for adults in the 
workplace, to increase access to financial services, to 
establish measures of national financial literacy, to 
conduct research on financial knowledge, and to 
strengthen financial education programs; and 
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•HRES 65 IH 
(2) recognizes John Hope Bryant for his efforts 
to raise awareness in the United States about the 
importance of financial and economic literacy. 
Æ 
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