POSTED: September 12, 2012 | BY: Leslie Rasimas | TAGS: CEO, economics, Financial Literacy, personal finance

Dear Chairman Bernanke,

Thank you for spending time today with our country’s greatest asset – educators – who ensure the next generation of our children are prepared for the future.

Today’s ‘Conversation with the Chairman: A Teacher Town Hall Meeting’ was an important point of outreach to K-12 educators and organizations who are working each day to improve economics and financial literacy across the country. The Council for Economic Education is especially pleased to know that you believe in supporting educators who teach these life skills to our students, and that you recognize our dedication to instilling in young people the fourth “R”—a real-world understanding of economics and personal finance.

Thank you for bringing attention to the CEE’s work on the National Standards for Personal Finance, which will be released later this year. We are proud to work closely with experts from the Federal Reserve system on the development of these standards. It is an important project that will assist teachers in providing effective education to their students, and help school districts to implement a solid curriculum plan around personal finance.

We look forward to your continued support of financial literacy and economic education as we advance our delivery of educator resources, professional development and programs for K-12 educators.

POSTED: August 7, 2012 | BY: nan | TAGS: CEO, economics, Federal Reserve, Financial Literacy, Panel Discussion, personal finance, teachers

It’s important that our kids know and understand how finance works to help them make responsible choices when they grow up and become participants in the global economy. CEE’s President and CEO Nan J. Morrison talks to Danielle Knox on The Balancing Act about the importance of economic and financial literacy in the K-12 classroom, findings from the recent Survey of the States, CEE’s Financial Fitness for Life program, the Gen i Revolution online game, and the roles played by parents and teachers in raising financially literate children in today’s economy.

The Balancing Act on Lifetime Television focuses on family and lifestyle segments. Wednesday shows cover empowerment for women, including stories on money, career and saving.

POSTED: July 11, 2012 | BY: Leslie Rasimas | TAGS: CEO, Financial Literacy, personal finance, video

Three times a year the Council for Economic Education releases the CEE Report, highlighting our new and noteworthy events, programs and partnerships, including pilot programs and joint ventures with key supporters.

“We know that education is everything to our children’s future. We know that they will no longer just compete for good jobs with children from Indiana, but children from India and China and all over the world.”
-  President Barack Obama

Read more…

POSTED: July 9, 2012 | BY: kduis | TAGS: 9-12, after-school, Awards, Capitol Hill, CEO, Challenge Grant, Councils & Centers, economics challenge, Financial Fitness for Life, school program, visionary awards

The Federal Reserve System has just announced plans to offer comprehensive, single-point access to its inventory of historical materials, a valuable resource for researchers, academics, and anyone interested in the chronicle of the nation’s central bank. The inventory will be the first of several initiatives surrounding the Federal Reserve’s double-centennial, with hundred-year anniversaries of the signing of the Federal Reserve Act and the opening of the Federal Reserve Banks in December 2013 and November 2014.

Overseeing the Federal Reserve’s centennial initiatives is the Centennial Advisory Council, comprised of 24 members from the public and private sectors. Working in conjunction with a planning committee chaired by Jeffrey Lacker, president of the Federal Reserve Bank in Richmond, the Centennial Advisory Council will keep the budget for celebration and substantive work on-balance and conduct further educational outreach.  Council for Economic Education’s CEO and President Nan J. Morrison has been appointed as a member alongside honorary co-chairs Paul A. Volcker and Alan Greenspan.

The Federal Reserve inventory will identify materials that are currently available from a variety of sources, including the websites of the Reserve Banks and the Board of Governors, the Federal Reserve Archival System for Economic Research, websites housed at universities, and private collections. It will also include information about material that is not yet available online but is currently being considered for digitization and posting. With improved web access to its texts, photographs, video and audio recordings, the Federal Reserve will enhance transparency, putting its archival records directly in the hands of the public.

As part of its efforts to expand the inventory, the Federal Reserve invites historians, scholars, and all interested members of the public to submit historical sources for inclusion that aren’t listed. The inventory and additional information about the Centennial are available at any of Federal Reserve Bank’s state websites and the official site of the Board of Governors.

POSTED: June 4, 2012 | BY: Leslie Rasimas | TAGS: CEO, Federal Reserve, partners

Last week, the White House hosted a Summit on Financial Capability and Empowerment addressing the gap between our complex financial marketplace and consumers’ knowledge about them—or lack thereof.  Our CEO and President Nan J. Morrison was among the industry leaders invited to attend the conference, at which several important announcements were made.

David Nelms, CEO of Discover Financial Services, announced Chicago Public Schools’ plans to implement a new Financial Literacy Framework at the K-12 level. This initiative is the result of a 4-year partnership with CEE, Discover and other industry partners, created to provide students with the necessary real-world skills to navigate today’s financial landscape. CEE will also provide the curriculum for a 12^th-grade personal finance capstone course, funded by a $1 million grant from Discover.

Also of note, the Administration announced its new Financial Capability Toolkit containing key information for K-12 schools, institutions of higher education, employers, and community leaders.  Several of CEE’s resources are highlighted in the guide, including this year’s Survey of the States and our Financial Fitness for Life program.

POSTED: May 15, 2012 | BY: Leslie Rasimas | TAGS: Capitol Hill, CEO, Financial Literacy, partners, school program, Survey of the States