WASHINGTON—The U.S. Senate unanimously adopted a resolution backed by U.S. Senator John Boozman (R-AR) designating April as Financial Literacy Month. Boozman joined Senate Banking Committee Chairman Tim Scott (R-SC) and Senator Jack Reed (D-RI) in leading the measure to raise awareness for access to resources that can help Americans of all ages develop and maintain healthy financial habits while underscoring the importance of financial education and empowerment.  

“When Americans have the tools and knowledge to better manage their finances, they are empowered to chart a path to financial stability,” said Boozman. “I am pleased to support this commonsense, bipartisan effort to help hardworking people of all ages make positive money management choices.”

“Financial literacy is critical to achieving financial independence and the American Dream,” said Scott. “Unfortunately, many Americans growing up like I did lack basic financial education, which is why I’ve made it my mission to make programs and resources on this important topic more accessible. Designating April 2025 as Financial Literacy Month builds on our efforts to ensure all Americans can access the tools necessary to secure their financial future.”

“From managing a household budget to making major purchases to laying the foundation for a secure retirement, financial literacy is a lifelong endeavor. Unfortunately, too many Americans lack the basic financial literacy skills needed to make informed decisions,” said Reed. “This has impacts on families, communities, and future generations. Raising awareness about the resources available to improve financial literacy is the first step on the path to a financially secure future. I’m pleased our Senate colleagues are coming together on a bipartisan basis to recognize financial Literacy Month." 

In addition to Boozman, Scott and Reed, the resolution was also cosponsored by Senators Ron Wyden (D-OR), Dick Durbin (D-IL), Susan Collins (R-ME), Mike Crapo (R-ID), Maria Cantwell (D-WA), Sheldon Whitehouse (D-RI), John Barrasso (R-WY), Jim Risch (R-ID), Angus King (I-ME), Shelley Moore Capito (R-WV), Gary Peters (D-MI), Bill Cassidy, M.D. (R-LA), Mike Rounds (R-SD), Maggie Hassan (D-NH), Cindy Hyde-Smith (R-MS), Kevin Cramer (R-ND), Mark Kelly (D-AZ), Cynthia Lummis (R-WY), Tommy Tuberville (R-AL), Raphael Warnock (D-GA), Katie Britt (R-AL), Jim Banks (R-IN), Lisa Blunt Rochester (D-DE) and Bernie Moreno (R-OH).

 Click here for text of the resolution.