[CircleUp] Operation HOPE Founder John Hope Bryant Joins Program for Financial Literacy Month Celebration Hosted by NYSE

Heidi Davis Heidi at Oweesta.org
Tue Apr 28 09:37:21 EDT 2009


Operation HOPE Founder John Hope Bryant Joins Program for Financial
Literacy Month Celebration Hosted by NYSE

Silver Rights Leader and Vice Chairman of US President's Advisory
Council on Financial Literacy Moderates Roundtable Focused on Financial
Literacy in Minority Communities

NEW YORK--(April 27, 2009) The New York Stock Exchange
<http://www.nyse.com/>  (NYSE) today hosts a financial literacy program,
including a Roundtable on Financial Literacy and Closing Bell Ceremony.
Members of the President's Advisory Council on Financial Literacy
<http://www.operationhope.org/smdev/uspacfl4.php?id=1402>  (Council),
Congresswoman Sheila Jackson Lee, NYSE EVP Regulation, Robert A.
Marchman, and notable guests will participate in the Roundtable
moderated by Operation HOPE Founder and CEO John Hope Bryant, with an
opening keynote address by SEC Commissioner Luis Aguilar. Afterwards all
attendees will join to ring the closing bell.

The President's Council on Financial Literacy will highlight its work
and its recommendations to improve financial education for all
Americans. The non-partisan Council, established in 2008, continues to
serve President Obama through 2010.  The findings from the 2008 Annual
Report to the President
<http://www.operationhope.org/fileupload/File/ar_uspacfl.pdf> , which
advocates increased access to mainstream financial services for the
millions of unbanked, as well as supporting employers as providers and
conduits of financial education to their employees, will help to ensure
that the economic crisis we are facing today will not happen again.

The focus of the roundtable will be on financial literacy in minority
communities and the role of financial illiteracy in the current
financial crisis in America. Talking points will include strategic
measures such as making financial literacy aspirationally relevant to
youth, tying financial literacy to business partnerships to boost and
help stabilize consumer confidence and employee enrichment, and fusing
financial literacy into mortgage and credit products.

"April is Financial Literacy Month, and the President's Advisory Council
on Financial Literacy remains steadfast in its belief that financial
literacy is key to keeping America competitive," said John Hope Bryant,
Operation HOPE founder, chairman, and chief executive officer who also
serves as vice chairman of the President's Advisory Council on Financial
Literacy, and chairman on the Council Committee on the Under-Served.
"With the economic crisis expanding its impact from the broad-based
levels of the poor to the middle class, the work to develop and improve
financial education for Americans has never been more relevant.
Basically, post crisis, a solid business case can now be made for
financial literacy."

The NYSE is also recognizing the President's Advisory Council on
Financial Literacy for having made tremendous progress in laying
groundwork toward improving financial literacy in the United States,
with financial guru Charles Schwab serving as chairman and John Hope
Bryant as vice chairman. A full list of Council members can be found
here <http://www.operationhope.org/smdev/uspacfl4b.php?id=1404> . The
Council members will ring the Closing Bell in recognition of the
critically important work of the Council and for the significance of
financial literacy to all Americans.

About Operation HOPE, Inc.
Operation HOPE is America's leading nonprofit social investment banking
and financial literacy empowerment organization. With more than 400
private sector partners, 1500 nonprofit organizations and schools, and
100 government partners in 68 major U.S. cities as well as South Africa,
HOPE has raised more than $500 million in its pursuit of educating,
assisting and inspiring the next generation of global stakeholders.
Through international initiatives and its three principal programs,
Banking on Our Future (teaching school children about money), HOPE
Coalition America (Mortgage HOPE Crisis Hotline, 1-888-388-HOPE,
financial emergency preparedness and disaster relief), and Walk-In HOPE
Centers (loans, bill pay, computer literacy, understanding banking
principles), Operation HOPE has delivered services to more than one
million low-wealth individuals and assumed the responsibility of
piloting the Silver Rights Movement towards making free enterprise and
capitalism relevant to all underserved communities. To learn more about
HOPE, visit www.operationhope.org <http://www.operationhope.org/> .

About the President's Advisory Council on Financial Literacy
The President's Advisory Council on Financial Literacy, created by
President George W. Bush in January 2008 to advise the President and the
Secretary of the Treasury on ways to improve financial literacy among
all Americans is non-partisan and will serve President Barack Obama
through 2010. The 16-member Council includes representatives of
non-profits, private sector companies, academia, state government and
other organizations dedicated to the delivery of financial education.
More information on the Council can be found at
http://www.treas.gov/PresfinlitCouncil.

 

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