NEFE Is at the Table

“Wherever financial literacy is being promoted, we want to be there.” 
     -Ted Beck, NEFE President & CEO

What NEFE Is

• We are a leading national advocate – a nonprofit organization with 501(c)3 status – devoted to furthering financial literacy. As part of that, we provide thoughts and opinions on issues of public policy related to financial education.
• Because NEFE has a highly visible profile, we feel we have a responsibility to speak up and help shape public policy on this vitally important issue.

What NEFE Is NOT

• NEFE is NOT a membership organization or a lobbying group.
• NEFE does not necessarily endorse any group with whom we associate on a given initiative. Instead, we work toward goals – often, common goals – with like-minded organizations.

NEFE’s Various Public Policy Activities:

We provide testimony.

• On September 28, 2006, NEFE president and CEO Ted Beck spoke before a U.S. House of Representatives committee on "Improving Financial Literacy: Working Together to Develop Private Sector Coordination and Solutions."
• Brent Neiser, director of Strategic Programs and Alliances, spoke June 26, 2008, at a hearing of the U.S. House of Representatives Subcommittee on Financial Institutions and Consumer Credit on "Problem Credit Card Practices Affecting Students: The Need for Legislative Action."
• Brent Neiser delivered testimony before the U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit at a hearing June 25, 2009, on "Improving Consumer Financial Literacy under the New Regulatory System."

We serve on task forces and commissions.

• NEFE CEO Appointed to President's Council on Financial Literacy
• NEFE CEO Invited to Serve on FDIC Committee
• NEFE President Attends White House Meeting on Financial Literacy

We sponsor conferences, symposia, and other events, as well as produce white papers  on financial literacy issues. These are just a few:

• The State of Financial Literacy in America
• The Debt Cycle: Using Payday Loans to Make Ends Meet
• Long-Term Care: Our Next National Crisis
• NEFE Retirement Income Planning Roundtable

We speak and participate at many events. Here are a few:

• May 2006: Disasters and Financial Planning
• July 2006: National Council of La Raza Conference
• August 2006: National Credit Union Administration

We’ve worked with many groups, including:

• The General Accountability Office
• U.S. Department of Labor
• Securities & Exchange Commission
• Numerous think tanks