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Press Release

Get Them When They’re Young: ABCs, 123s, and Financial Literacy--Why Teaching Finances to Youth Is Important

Join us at noon on April 21 for a Federal Reserve Bank of Cleveland FedTalk about the importance of financial literacy education from kindergarten through high school. Learn about Ohio’s new public school requirement that students take a financial literacy course in order to graduate and find out about educational resources available on this important topic.

Cleveland Fed President and CEO Loretta J. Mester will provide introductory remarks, followed by a presentation from Dr. Abdullah Al-Bahrani, of Northern Kentucky University, who will discuss financial literacy requirements already in place in Kentucky schools. Mester and Al-Bahrani also will participate in a panel discussion with education leaders about the new Ohio requirement and the importance of providing students with the basic tools for sound financial decision-making.

This virtual event, scheduled for 90 minutes, is the latest instalment of FedTalk, the Cleveland Fed’s public speaker series.

Who:
Opening remarks:

Panelists:
  • Dr. Abdullah Al-Bahrani, Associate Professor and Director of the Center for Economic Education, Northern Kentucky University
  • Dr. Brad Maguth, Professor, Social Studies Education, Director, H.K. Barker Center for Economic Education, LeBron James Family Foundation School of Education, The University of Akron
  • Dr. Loretta J. Mester, President and CEO, Federal Reserve Bank of Cleveland
  • Jim O’Connor, Educator at Princeton High School and President of the Ohio Council for the Social Studies

Moderated by Alexandria Halmbacher, Education and Outreach Manager, Federal Reserve Bank of Cleveland

When: Thursday, April 21, 2022, Noon to 1:30 pm ET

Watch: The webinar is free and open to the public, but advance registration is required.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.218.1892

For media inquiries contact: Chelcee Stearns