On February 3, the U.S. Treasury issued a request for information in the Federal Register to inform the Financial Literacy and Education Commission’s annual review of the U.S. National Strategy for Financial Literacy. The notice invited comments from individuals and organizations on how to update the National Strategy, last revised in 2020, to address emerging trends and current best practices in financial education. The Treasury highlighted the importance of financial literacy in supporting a competitive financial sector and noted the need for programs to remain relevant and effective in a rapidly evolving economy.

The request specifically sought feedback on basic financial capability, military, postsecondary education, housing counseling, and retirement savings and investor education. The Treasury asked for recommendations on leveraging youth investment accounts (i.e., “Trump Accounts”) established under recent legislation, addressing the rise in financial scams and fraud, and incorporating new evidence-based practices developed since 2020. The agency also solicited input on best practices for financial education programs, federal support for consumers and practitioners, engagement with non-federal education providers, and research gaps relevant to financial literacy outcomes. Written comments will be due by April 6.