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Board of Governors of the Federal Reserve System
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Report to the Congress on the Office of Minority and Women Inclusion

Financial Literacy Activities

 

During 2012, the Board continued to participate in community outreach events and programs, examples of which are listed below.

  • Conversation with the Chairman: A Teacher Town Hall Meeting: In August 2012, Chairman Bernanke held a town hall meeting with teachers and educators across the 12 Reserve Bank Districts to discuss the need for personal financial education in the wake of the recent financial crisis. Chairman Bernanke took questions in person and via videoconference from K-12 and post-secondary educators of economics, personal finance, and related disciplines, who were gathered at Federal Reserve Bank offices across the country.
  • Congressional Black Caucus Annual Legislative Conference: In September 2012, the Board, in conjunction with the Federal Reserve Banks, sponsored a booth at the 42nd Annual Legislative Conference. Financial education materials and information on how to access the System's public website for additional information regarding financial literacy were distributed to exhibit fair attendees. The Board also provided support for the Financial Education Youth Summit convened by the Black Caucus held at the U.S. Capitol Visitor's Center and Trinity Washington University.
  • FedEd Program: During 2012, research assistants from divisions within the Board continued to expand upon and implement a program developed to work with local high school students to improve their understanding of personal finances and the role of the Federal Reserve System in the economy. Subjects covered included the importance of saving, budgeting, use of credit, and the establishment of financial goals. In 2012, more than a dozen presentations were made to middle and high school students in the Washington metropolitan area. Presentations were made at six schools: Friendly High School and Sherwood High School in Maryland; Cardozo High School and The Duke Ellington School of the Arts in Washington, D.C.; and the Academy of Finance at T.C. Williams High School in Virginia.
  • Math x Economics: In May 2012, the Board hosted a one-day program for high school juniors and seniors who are exceptionally talented in mathematics. The goal of the program was to introduce students to economics as a potential course of study in college, and as a future career option.
  • D.C. Public Schools Partner Fair: In June 2012, Board research assistants participated in the "Connecting School Leaders and Community Partners" event held at Eastern High School in Washington, D.C. The research assistants distributed information on the Federal Reserve Board's FedEd program as well as other financial literacy materials from the Federal Reserve System. As a result of this activity, several school administrators requested presentations for their students. Presentations have been scheduled for the 2013 school year.
  • Education and Training Materials Distribution: During 2012, the Board continued to provide financial literacy materials to consumer education and financial literacy groups including the University of Maryland Extension Family and Consumer Sciences Center, the YMCA of Metropolitan Washington, and Operation HOPE.
  • Financial Literacy Day on the Hill: The Board participated in the 10th annual "Financial Literacy Day on the Hill" on April 17, 2012, in the Hart Senate Building in Washington, D.C., and provided financial publications and education program information to participants.

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Last update: Aug 2, 2013