Economy, finance and labor

Executive Order 13530: President's Advisory Council on Financial Capability

President: Barack Obama

Created an outside advisory council on financial education access saving credit and household financial capability.

Status: Completed/expired.

Is Executive Order 13530 still in effect? No. Time-limited council completed its work; later councils used separate orders.

What does Executive Order 13530 do?

EO 13530 established a Treasury-supported federal advisory committee to recommend ways to improve financial knowledge, access to appropriate products, saving and informed decision-making. It issued recommendations and was continued temporarily, but its charter ended; EO 13646 later created a differently focused youth council.

Later evidence reviewed September 23, 2026: EO 13646 created a separate youth-focused council. Federal Register — EO 13646. This later record documents the stated step; it does not by itself establish every downstream agency action or legal outcome.

Administration position: The council offered advice and public education; it did not regulate banks, forgive debt or guarantee financial outcomes.
SignedJanuary 29, 2010
TypeFederal advisory committee
Support agencyTreasury

Before and after

Before the order

Earlier financial-literacy bodies lacked this exact presidential advisory mandate.

After the order

Private-sector, nonprofit and academic members developed recommendations and outreach initiatives.

Who had to do what

Agency / officeActionTiming / position
CouncilAdvise the President and TreasuryCompleted
TreasuryProvide administration and supportCompleted
MembersConsult stakeholders and develop recommendationsCompleted

What happened next

EO 13530 created the council.

EO 13646 created a separate youth-focused council.