“I am proud that my financial literacy education bill, Intro. 54, for the Department of Youth and Community Development (DYCD), is being signed by Mayor Adams today. The City is overdue in focusing on the financial tool kits our youth can utilize to be fiscally responsible and productive citizens, such as understanding personal banking, credit, and savings. This bill shows our commitment to end intergenerational poverty to build a more inclusive economy—providing real economic opportunities for all.” said Council Member Louis. “This bill creates the structure for providers to offer courses and programs that provide the skill-building our youth needs for economic stability and success, and will ensure that we are requiring intentionality, collaboration, and dedication to supporting youth in crisis from all of our agencies and partners to expand and elevate their futures.”

Read more on the Staten Island Advance (link) and watch the hearing below.