Currently, staff members from public information and community affairs offices throughout the System are working together to highlight the importance of financial education, increase consumer awareness of local educational opportunities, and encourage research into the most effective educational approaches to educating the public.
I am very proud of the System's commitment to economic and financial education and of the support we provide to educators like you. Let me make one additional point about the Fed's interest in economic and financial education. As Chairman Greenspan has said, "educated consumers are simply less vulnerable to fraud and abuse."