Despite working full-time, 35% of American families still can’t afford rent, food, transportation, medical care, and minimal household expenses.73% of American adults rank finances as their primary stressor.

Homeownership is part of the American Dream. Department of Housing and Urban Development has information and counseling to help you make financially sound decisions in your purchase process. Click here for more: bit.ly/3AfXIo3
#FLM2024

Homeownership is part of the American Dream. Department of Housing and Urban Development has information and counseling to help you make financially sound decisions in your purchase process. Click here for more: bit.ly/3AfXIo3 #FLM2024

People with higher financial literacy are more likely to spend only what they earn, save up enough to cover three months' worth of income for emergencies, and have at least one retirement account. #FLM2024

A lack of financial education costs the average American $1,506, totaling over $388 billion nationwide. This loss is attributed to factors such as credit card interest and fees, overspending, overdraft fees, and fraud. #FLM2024

Today, we grieve the loss of Congressman Donald M. Payne, Jr. He was a champion of Black families and the safety of Black children – with contributions like the Homeland Security for Children Act.  His passing leaves a void in our hearts and in the halls of Congress.

Research indicates that student debt forgiveness can improve credit scores, increase home ownership, and foster entrepreneurship. President Biden's student debt cancellation is great news for Ohioans seeking financial stability and wealth creation. Learn more: bit.ly/3wce1ng.

Wishing those who celebrate, a Passover of peace and the promise of a brighter tomorrow.

A MarketWatch Guides survey found that over three-quarters of Baby Boomers and the Silent Generation are aware of 401(k)s but don't use them, compared to two-thirds of Millennials. Furthermore, more than half of Generation Z doesn't know what a Roth IRA is. #FLM2024 .

How did you get to work this #EarthDay ? The Bipartisan Infrastructure Law is making your commute cleaner and greener by investing:
🚄 $102 billion in freight & passenger rail
⚡ $7.5 billion in EV chargers
🚌 $6 billion for low or no emission buses and ferries
♻ And much more!

Today, I joined a bipartisan vote passing three key long overdue funding bills supporting democracy, human rights, and global stability. American global leadership is what it means to put People over Politics and America first. See my full statement here: bit.ly/3UfUQkO

The CHIPS Team U.S. Commerce Dept. briefed about 100 organizations to help disadvantaged and historically excluded communities benefit from the CHIPS & Science Act. I'm pleased our economic potential is growing through this intentional inclusion. See more at: bit.ly/49CRJJe

44% percent of Americans do not have an emergency fund, and almost half of Americans cannot handle a $1,000 financial emergency. Unfortunately, 93% of Americans will experience such an emergency at least once. #FLM2024

Highlight of my week: I had a great time with Young Kim, my co-chair of the Financial Literacy & Wealth Creation Caucus, at yesterday's Financial Resource Fair. I enjoyed meeting stakeholders in financial education and attendees seeking to grow their wealth-building capacity.

A huge thank you to the 30 organizations who joined us for today’s amazing resource fair! What a wonderful showcase of the incredible work being done to equip Americans with the tools and strategies to thrive financially and build wealth.

Today is our free, bipartisan financial education fair. 30 Nonprofits, financial institutions, & govt. agencies will share wealth-building strategies & materials with you. Participants include consumerfinance.gov, FICO (Fair Isaac), Vanguard, Capital One, Edward Jones, Mortgage Bankers Association. See you there!

Join our free, bipartisan financial education fair tomorrow! 30 Nonprofits, financial institutions, & govt. agencies will share wealth-building strategies & materials with attendees. Participants include consumerfinance.gov, FICO (Fair Isaac), Vanguard, Capital One, Edward Jones, Mortgage Bankers Association.