The President's Advisory Council on Financial Capability was the successor to the President's Advisory Council on Financial Literacy (Bush, January 22, 2008). (Obama On January 29, 2010, the President signed Executive Order 13530). The last meeting of committee was in November 2012, and the Council officially ended on January 29, 2013. Its mission is to "improve Americans' understanding of financial products and terms, expand financial access, and provide appropriate and robust consumer protection." It is operated by the U.S. Treasury Department. One member of this council is John Hope Bryant, who is an American financial literacy and poverty eradication activist, and "silver rights" entrepreneur. Bryant is the founder, chairman and CEO of nonprofit Operation HOPE.

Eldar Shafir Eldar Shafir (Hebrew: אלדר שפיר) is an American behavioral scientist, and the co-author of '' Scarcity: Why Having Too Little Means So Much'' (with Sendhil Mullainathan). He is the Class of 1987 Professor in Behavioral Science and Public P ...

is a

Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...

psychology professor who focuses on

behavioral economics Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals or institutions, such as how those decisions vary from those implied by classical economic theory. ...

. His appointment to the Council was announced April 9, 2012.

External links

Improving Financial Education in America
The White House blog
The President’s Advisory Council on Financial Capability
Resource Center, US Treasury Dept. website. United States national commissions 2010 in American politics Publications of the United States government United States economic policy United States Department of the Treasury agencies {{US-gov-stub

See also

References

External links