Sens. Murray, Schmitt, Reps. Sewell, Moylan Introduce New Bipartisan, Bicameral Bill to Improve Financial Literacy Training for Servicemembers

Statement

“As the daughter of a World War II veteran, I take our nation’s responsibility to help servicemembers transition to civilian life seriously—making sure they are equipped with the tools and skills they need to succeed after their service.Financial literacy is a huge part of that—everything from knowing how to create a budget to getting a mortgage, planning for retirement, doing your taxes, and just having the knowledge and the confidence to make smart decisions with your money. Our bill is straightforward: it will update and improve DoD’s financial literacy training to better prepare servicemembers for the transition to civilian life and set up their families for success. This is something we should all be able to agree on—I’ll be working hard to get our legislation included as part of next year’s NDAA, and I’m hopeful we’ll be able to get it across the finish line.”

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