Remarks by Secretary of the Treasury Janet L. Yellen at the Financial Literacy and Education Commission Meeting

As Prepared for Delivery Good afternoon. Let me start by thanking you for your continued work promoting financial literacy and education and for being part of today’s Financial Literacy and Education Commission (FLEC) meeting. The FLEC provides a crucial forum to coordinate the government’s efforts to help consumers make informed, sound decisions that enhance their financial well-being. And today we are pleased to focus our discussion on a key recent effort: the Department of the Treasury’s (Treasury) National Strategy for Financial Inclusion in the United States, which we published at the end of October. The Strategy is based on extensive research and stakeholder engagement across the public, private, and non-profit sectors, including with many of you.