Central Banking

Financial education a vital part of Fed mission

Ben Bernanke, the chairman of the Federal Reserve, believes the central bank's role as a financial educator as a vital part of its mission.

"In our increasingly complex financial marketplace, choosing a credit card, saving for education and retirement, and buying a home now require more financial savvy than ever before," Bernanke said. "To help meet these needs, the Federal Reserve supports a variety of programs and initiatives to increase financial literacy. At the regional level, many of

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