H. R. 486 aims to establish a grant program within the Bureau of Consumer Financial Protection to create centers of excellence focused on financial literacy education for young people and families aged 8 to 24. The program will support activities such as designing...
Simple Explanation
H. R. 486 wants to give money to special places that teach kids and families how to be smart with money, helping them from ages 8 to 24. Some people are worried that the money might not be shared equally or checked on carefully.