S. 4248 requires the Financial Literacy and Education Commission to study how language barriers affect financial health in the U.S., focusing on issues affecting people with limited English proficiency, such as access to financial education and credit. The bill also mandates...
Simple Explanation
The bill wants to help people in the U.S. who don't speak English very well by making sure important money advice is available in at least eight different languages, so they can learn how to manage money better and be safe with their finances.