the WHITE HOUSEPresident Barack Obama

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The White House
Office of the Press Secretary
For Immediate Release

Executive Order 13530 -- President's Advisory Council on Financial Capability

Attached is an executive order signed by the President today regarding the President’s Advisory Council on Financial Capability.

The Council will provide advice to the President on promoting and enhancing financial literacy and capability among the American people. This effort is important to help keep America competitive and assist the American people in understanding and addressing financial matters, which contributes to our national financial stability. 

The Council has been tasked with a number of specific charges, including advising the President on: financial education efforts; promoting financial products and services that are beneficial to consumers, especially low- and moderate-income consumers; and promoting understanding of effective use of such products and services.