Executive Order 13455: Establishing the President's Advisory Council on Financial Literacy

President: George W. Bush

Created a presidential advisory council to recommend ways to improve financial literacy.

Status: In effect. Is Executive Order 13455 still in effect? Yes. Executive Order 13455 remains in effect. See Federal Register record.

What does Executive Order 13455 do?

Treasury hosted the council's inaugural meeting in February 2008 and reported its role advising the President and Treasury Secretary on financial education and measurement.

Administration position: The council advised on policy; its recommendations were not binding financial regulations or consumer entitlements.
SignedJanuary 23, 2008
Original directionCreated a presidential advisory council to recommend ways to improve financial literacy.
Later evidenceTreasury hosted the council's inaugural meeting in February 2008 and reported its role advising the President and Treasury Secretary on financial education and measurement.
Review dateSeptember 26, 2026

Before and after

Before the order

Financial education initiatives were spread among public and private organizations.

After the order

Treasury hosted the council's inaugural meeting in February 2008 and reported its role advising the President and Treasury Secretary on financial education and measurement.

The council advised on policy; its recommendations were not binding financial regulations or consumer entitlements.

Who had to do what

Source: Signed Federal Register text.
Agency / officeActionTiming / position
PresidentAppoint 19 nonfederal Council members and designate a chair and vice chair.Council terminates two years after January 22, 2008, unless extended.
Council chairUnder Treasury's direction, convene and preside at meetings, set the agenda, direct work, and establish and direct member-only subgroups as appropriate.During Council operation; no fixed meeting schedule.
Council vice chairPerform the chair's duties when the chair position is vacant and other functions assigned by the chair.During a vacancy or when assigned.
President's Advisory Council on Financial LiteracyObtain information and advice; advise on youth and workplace financial education, access to services, literacy measures, research, and coordination of public and private programs; report on literacy, progress, and recommendations through Treasury.Reports periodically; no fixed submission date.
Department of the TreasuryProvide lawful funding and administrative support as determined by the Secretary.During Council operation.
Secretary of the TreasuryDirect the chair, designate a Treasury executive director, and perform applicable presidential FACA functions except section 6 functions under GSA guidelines. May request agency information and assistance.During Council operation; no fixed designation deadline.
Council executive directorSupervise administrative support for the Council.Following designation by the Treasury Secretary.
Heads of executive departments and agenciesProvide appropriate, lawful assistance and information requested by the Treasury Secretary.When requested.
Later actionTreasury hosted the council's inaugural meeting in February 2008 and reported its role advising the President and Treasury Secretary on financial education and measurement.February 13, 2008

What happened next

EO 13455 signed.

Treasury hosted the council's inaugural meeting in February 2008 and reported its role advising the President and Treasury Secretary on financial education and measurement.