College student winners of an entrepreneurial competition demonstrate Operation HOPEâ€™s strategy to provide â€œpractical connections between education and financial literacy, and strategies to create a cradle to college generation both in the U.S. and around the world.â€ Photo by Lafayette Barnes IV
More than 900 delegates from 16 countries gathered at the Town Hall Education Arts and Recreation Center (THEARC) in Southeast on Wed., June 17 for the first Operation HOPE Global Financial Literacy Summit.
Highlighted by keynote addresses from Federal Reserve System Chair Ben S. Bernanke, Federal Deposit Insurance Corp. Chair Sheila C. Bair, and senior White House advisor Valerie B. Jarrett, as well as a Web cast announcement on new financial regulations from President Barack Obama, the summit explored the importance of financial literacy to economic recovery and stability.
â€œWe are hosting [this event] because we find ourselves in the midst of a global economic crisis. For the sake of our shared future global security, we should empower everyone with â€˜silver rights,â€™â€”financial literacy,â€ said John Hope Bryant, Operation HOPE founder, chair and chief executive officer.
â€œThe summit makes a strong business case around the importance and enormous potential of a world rooted in financial literacy.â€