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Financial Regulators Report Limited Progress in Improving Financial Literacy

WASHINGTON -- NCUA Chairman JoAnn Johnson was among a clutch of federal financial regulators reporting progress toward helping Americans improve their financial literacy while acknowledging to federal legislators that there is much more left to do.

By David Morrison | Updated on April 22, 2008

WASHINGTON — NCUA Chairman JoAnn Johnson was among a clutch of federal financial regulators reporting progress toward helping Americans improve their financial literacy while acknowledging to federal legislators that there is much more left to do.

Johnson appeared with the other regulators at an April 15 hearing on federal financial literacy efforts before the House Financial Services Committee, where most legislators appeared pleased that at least some progress was being made but expressed some frustration with its pace.

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