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WASHINGTON-The Financial Literacy and Education Commission held a hearing last week to discuss how to assist victims of Hurricane Katrina with financial issues. The commission is composed of representatives from 200 federal departments, agencies, and commissions and was created by the Fair and Accurate Credit Transactions Act. Treasury Secretary John Snow and Representatives Judy Biggert (R-Ill.) and Rubn Hinojosa (D-Texas) were scheduled to be in attendance. NCUA Chairman JoAnn Johnson, who is a commission member, was unable to attend but a representative from the agency was there. The meeting was held in response to a request from Biggert and 29 other members of Congress’ who form the Financial and Economic Literacy Caucus.

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