Magaziner Appointed Chairman of Financial Literacy Committee for National Association of State Treasurers

PROVIDENCE, RI — General Treasurer Seth Magaziner has been selected to serve as
the 2016 Chairman of the Financial Literacy Committee for the National Association
of State Treasurers (NAST).
«As Treasurer, supporting the financial well-being of all Rhode Islanders is among
my top priorities. So I’m honored to take a leadership role in the effort to promote
financial literacy across our nation,» Magaziner said. «Far too many people don’t
have the financial education they need to navigate the complex financial system.
As State Treasurers, we have a vital role to play in empowering all people to manage
their finances, support their families and reach their financial goals.»
NAST’s Financial Literacy Committee seeks to support State Treasurers’ initiatives
related to personal money management that will empower all people with the information,
tools and training they need to make smart financial decisions throughout their
lifetimes.
NAST 2016 President and Washington State Treasurer James McIntire said, «Treasurer
Magaziner has a deep commitment to financial empowerment for all, and I know he
will excel as the chairman of this important committee. I am grateful that Treasurer
Magaziner and our fellow State Treasurers are stepping up to lead on this vital
issue.»
Treasurer Magaziner’s administration is working to provide increased, effective
financial literacy programming across Rhode Island. In partnership with industry
leader Everfi, the Rhode Island Financial Scholars Program serves high school students
across Rhode Island, with a commitment to serving schools in the highest need.
Rhode Island’s students who have participated in the program have signifincantly
increased their scores on assessments on such topics as banking, credit scores,
financing higher education, renting versus owning a home, insurance and taxes,
consumer protection and investing. The course students receive aligns with state,
national, and Jump$tart Coalition financial literacy standards.
In addition to chairing NAST’s Financial Literacy Committee, Treasurer Magaziner
also serves on the national association’s Pension and Debt Management Committees.