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2026-07-06 10:51:44 -04:00

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LegalText 20 U.S.C. § 9704 Powers of the Commission us united_states_code code_section 20 EDUCATION 77 FINANCIAL LITERACY AND EDUCATION IMPROVEMENT 9704 20 U.S.C. § 9704 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip /us/usc/t20/s9704 data/legal/raw/us/code/title-20/usc20.xml b3305c39a61889ae1ebf848e18247cfea9b6efe48ea0120cecc4f9fbf0d4b65e 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 6844a6d879f0d06de4b455fd4d789c02116e7d15c613b0b4617642e3cdd125df 2026-07-04 official
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20 U.S.C. § 9704 - Powers of the Commission

Text

(a) Hearings (1) In general The Commission shall hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission deems appropriate to carry out this chapter.

(2) Participation In hearings held under this subsection, the Commission shall consider inviting witnesses from, among other groups—

(A) other Federal Government officials;

(B) State and local government officials;

(C) consumer and community groups;

(D) nonprofit financial literacy and education groups (such as those involved in personal finance and economic education); and

(E) the financial services industry.

(b) Information from Federal agencies The Commission may secure directly from any Federal department or agency such information as the Commission considers necessary to carry out this chapter. Upon request of the Chairperson, the head of such department or agency shall furnish such information to the Commission.

(c) Periodic studies The Commission may conduct periodic studies regarding the state of financial literacy and education in the United States, as the Commission determines appropriate.

(d) Multilingual The Commission may take any action to develop and promote financial literacy and education materials in languages other than English, as the Commission deems appropriate, including for the website established under section 9703(b) of this title, at the toll-free number established under section 9703(c) of this title, and in the materials developed and disseminated under section 9703(d) of this title.

(Pub. L. 108159, title V, § 515, Dec. 4, 2003, 117 Stat. 2007.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection subject to joint regulations establishing effective dates as prescribed by Federal Reserve Board and Federal Trade Commission, except as otherwise provided, see section 3 of Pub. L. 108159, set out as an Effective Date of 2003 Amendment note under section 1681 of Title 15, Commerce and Trade.

Definitions For definitions of terms used in this section, see section 2 of Pub. L. 108159, set out as a note under section 1681 of Title 15, Commerce and Trade.