As a result of the leadership of Maryland State Comptroller Peter Franchot, I am pleased to announce that the City of Forests Heights, Maryland is the latest American city to sign on President Barack Obama's initiative to create Local Financial Literacy Councils.
Maryland Comptroller Franchot recently hosted a Maryland State Town Hall for the US President's Advisory Council on Financial Capability, Subcommittee on the Underserved and Community Empowerment, along with Council Chairman John Rogers who was gracious enough to attend the community session.
I and we, along with the partnership subcommittee, are currently working with over 100 newly created local councils, includings ones such as the District of Columbia Council which is fully operational, to send federal financial capability information out to the American public. Likewise, our subcommittee is working on recommendations on how President Obama and Secretary Geithner can support local municipality efforts to reach, and help, more Americans around financial capability. These two goals line up perfectly.
More to come, but commendations to Comptroller Franchot, the National Conference of Black Mayors, and the mayor of Forest Heights.
John Hope Bryant is a thought leader, founder, chairman and CEO of Operation HOPE and Bryant Group Companies, Inc. Magazine/CEO READ bestselling business author of LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World (Jossey-Bass), the only African-American bestselling business author in America, and is chairman of the Subcommittee for the Under-Served and Community Empowerment for the U.S. President’s Advisory Council on Financial Capability, for President Barack Obama. Mr. Bryant is the co-founder of the Gallup-HOPE Index, the only national research poll on youth financial dignity and youth economic energy in the U.S. He is also a co-founder of Global Dignity with HRH Crown Prince Haakon of Norway and Professor Pekka Himanen of Finland. Global Dignity is affiliated with the Forum of Young Global Leaders and the World Economic Forum. Mr. Bryant serves on the board of directors of Ares Commercial Real Estate Corporation, an NYSE Euronext publicly traded company, and a division of $54 billion Ares Capital.