Video archive of the US Congress

House Proceeding 03-03-10 on Mar 3rd, 2010 :: 0:41:05 to 0:45:45
Total video length: 4 hours 30 minutes Stream Tools: Stream Overview | Edit Time

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Judy Biggert

0:41:01 to 0:41:21( Edit History Discussion )

Judy Biggert: it's for a tremendous purpose. mr. speaker, i reserve the plans of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlelady from illinois, mrs. biggert, is recognized. mrs. biggert: thank you, mr. speaker. i yield myself such time as i may consume. i thank the gentleman from georgia, mr. scott, for his

Judy Biggert

0:41:05 to 0:45:45( Edit History Discussion )
Speech By: Judy Biggert

Judy Biggert

0:41:22 to 0:41:43( Edit History Discussion )

Judy Biggert: kind words a all that he does in the financial services committee on this type of issue. and for his management of this bill. i rise tay to join not only mr. scott but my good friend, the gentlewoman from texas, eddie bernice johnson, in support of this year's resolution making the fourth annual america saves week.

Judy Biggert

0:41:44 to 0:42:06( Edit History Discussion )

Judy Biggert: i'm pleased to join congresswoman johnson as a co-sponsor of the resolution and i urge my colleagues to give it their full support. mr. speaker, as most are aware, i've been working to make financial literacy a top priority both in the classroom and here on capitol hill. in 2005, i joined my good

Judy Biggert

0:42:07 to 0:42:27( Edit History Discussion )

Judy Biggert: friend and co-sponsor of today's resolution, congressman hinojosa, to form the financial literacy caucus to help equip students and consumers with the tools they need to prosper in today's sophisticated marketplace. since then, the term financial literacy has become an integral

Judy Biggert

0:42:28 to 0:42:48( Edit History Discussion )

Judy Biggert: part of our legislative lexicon especially as the need has become clearer than ever with more and more american families relying onepled savings to weather this period of financial hardship. when it comes to preparing against economic uncertainty, building credit, or making dozens of other day-to-day

Judy Biggert

0:42:49 to 0:43:12( Edit History Discussion )

Judy Biggert: decisions, financial decisions, nothing protects consumers and their financial security more effectively than arming them even as young students with a sound financial in financial literacy and that lesson begins with savings. 60% of preteens do not even know the difference between cash, credit cards, and checks,

Judy Biggert

0:43:13 to 0:43:34( Edit History Discussion )

Judy Biggert: and yet only 26% of students are actively learning financial literacy from their parents. it is little wonder why 10 million u.s. households remain completelynbanked or without access to standard financial tools like a savings account. that's what makes initiatives like america saves week important. it represents a special

Judy Biggert

0:43:35 to 0:43:55( Edit History Discussion )

Judy Biggert: opportunity for financial leaders from the fdia -- fdic and federal trade commission to the jump start coalition to share important resources and lessons with future savers who may be able to ride out the next financial downturn, buy a home, or retire more comfortably thanks to the

Judy Biggert

0:43:56 to 0:44:17( Edit History Discussion )

Judy Biggert: financial tools they gained access to today. as the text of today's resolution suggest the national savings rate has risen slightly as the americans spend more conservatively in the down economy but as we recover, the next step must be to help families set goals, plan effectively and invest wisely

Judy Biggert

0:44:18 to 0:44:40( Edit History Discussion )

Judy Biggert: in those times when they are most able to build an economic buffer against future needs. mr. speaker, i'd like to take a brief moment here to urge my colleagues to consider joining the financial and economic literacy caucus, if they haven't already, by contacting either me or my distinguished co-chairman, mr. hinojosa. as my colleagues are aware,

Judy Biggert

0:44:41 to 0:45:01( Edit History Discussion )

Judy Biggert: last week, the f.t.c. teamed with our caucus to showcase consumer protection resources available to our constituents across america. now we are getting ready for another exciting financial literacy month this april with events and briefings to help americans of all ages educate themselves on how to become more confident, savvy and safe

Judy Biggert

0:45:02 to 0:45:22( Edit History Discussion )

Judy Biggert: investors and consumers. i hope every member will be able to find time to participate or send staff to learn more about how members of congress can help promote financial literacy in their own way. i'd also like to take a moment to honor a departed colleague and friend, the late congresswoman stephanie tubbs jones. in previous years she

Judy Biggert

0:45:23 to 0:45:44( Edit History Discussion )

Judy Biggert: championed in resolution in the house and was a strong advocate for financial literacy throughout her career. i know i'm not alone in sing her presence is missed here on the house floor. with that, mr. speaker, let me just say once again i urge my colleagues to join congresswoman johnson, congressman hinojosa, and me in

Judy Biggert

0:45:45 to 0:45:45( Edit History Discussion )

Judy Biggert: supporting this resolution and

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