That the House of Representatives— (1) supports the goals of Financial Literacy Month to raise public awareness about— (A) the importance of personal financial education in the United States; and (B) the serious consequences that may result from a lack of understanding about personal finances; (2) acknowledges that raising awareness of threats to personal finances, especially for vulnerable, targeted populations like older adults and their relatives and caregivers, is only one party of financial literacy; (3) understands that to combat Elder Financial Exploitation, it is also necessary to encourage continued education and collaboration among law enforcement, financial institutions, regulatory agencies, and private sector organizations allowing detection, prevention, reporting, and investigation of these crimes; (4) supports work being done by FinCEN and its partners to educate the stakeholders which serve and protect America’s elder community; (5) urges continued public-private partnership and appropriate information sharing to prevent, detect, report, and investigate Elder Financial Exploitation; and (6) urges action to assist with remediation and reporting, as well as prevention and detection to have best possible data, feedback, and incident response.

Cheryl L. Johnson, Clerk.