Senate Passes Scott, Reed Resolution Designating April 2026 as Financial Literacy Month

Washington, D.C. - Today, the Senate passed Chairman Tim Scott (R-S.C.) and Senator Jack Reed's (D-R.I.) resolution designating April 2026 as Financial Literacy Month. Recognized by the U.S. Senate since 2004, Financial Literacy Month is a national celebration of financial empowerment that raises awareness on the importance of financial education and provides resources to help Americans of all ages develop and maintain healthy financial habits.

As Chairman of the Senate Banking Committee, Chairman Scott has continued to prioritize financial literacy and financial education. From his work on expanding financial opportunity and access with the GENIUS Act and his work on digital asset market structure legislation, to increasing access and affordability to housing with his 21^st Century ROAD to Housing Act, Chairman Scott will continue to pioneer new ways for more Americans to experience their version of the American Dream.

"Growing up in North Charleston with a single mother, I saw firsthand how important financial literacy is to achieving financial independence and building a brighter future. Understanding how to save, budget, invest, and build credit can open doors to homeownership, starting a business, and achieving your version of the American Dream. Financial literacy is not a Republican or Democrat issue, it's an American issue, and I'm proud to work with Senator Reed to help more families access the tools they need to succeed," said Chairman Scott.

"Financial Literacy Month is a time to highlight the importance of being an informed consumer and smart money manager. Financial literacy empowers people to take control of their financial future, beginning at an early age and continuing through adulthood and retirement. From managing a household budget to making major purchases, paying for college, starting a business, and laying the groundwork for a secure retirement, basic financial literacy is essential to success. I am pleased to cosponsor this resolution to raise awareness about the resources available to improve financial literacy and get more Americans on the right path to a financially secure future," said Senator Reed.

Senators Angus King (I-Maine), Kevin Cramer (R-N.D.), Sheldon Whitehouse (D-R.I.), Katie Britt (R-Ala.), Maria Cantwell (D-Wash.), Jim Risch (R-Idaho), Gary Peters (D-Mich.), John Boozman (R-Ark.), Kirsten Gillibrand (D-N.Y.), Tommy Tuberville (R-Ala.), Dick Durbin (D-Ill.), Pete Ricketts (R-Neb.), Maggie Hassan (D-N.H.), Ted Budd (R-N.C.), Mark Kelly (D-Ariz.), Cindy Hyde-Smith (R-Miss.), Lisa Blunt Rochester (D-Del.), Shelley Moore Capito (R-W.Va.), Mike Rounds (R-S.D.), Bill Hagerty (R-Tenn.), Cynthia Lummis (R-Wyo.), Susan Collins (R-Maine), Mike Crapo (R-Idaho), Jim Banks (R-Ind.), Roger Wicker (R-Miss.), and Steve Daines (R-Mont.) co-sponsored the resolution.

For the full text of the resolution, click here.