16 pages. "This testimony discusses [1] the state of the federal government's approach to financial literacy, [2] observations on overall strategies for addressing financial literacy, and [3] the role GAO can play in addressing and raising awareness on this issue. This testimony is based largely on prior and ongoing work, for which GAO conducted a literature review; interviewed representatives of organizations that address financial literacy within the federal, state, private, nonprofit, and academic sectors; and reviewed materials of the Financial Literacy and Education Commission.... The multiagency Financial Literacy and Education Commission, which coordinates federal efforts, has acted on recommendations GAO made in 2006 related to public-private partnerships, studies of duplication and effectiveness, and the Commission's MyMoney.gov Web site." [GAO-11-504T, published Apr. 12, 2011, released Apr. 12, 2011]

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