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NBEA Testifies Before the Federal Reserve's Board of Governors and Office of Controller of the Currency on Potential Capital One - Discover Merger

Posted By Joe McClary CAE, Wednesday, July 24, 2024

NBEA's Executive Director, Joe McClary, testified before two distinguished governmental groups on Friday, reviewing the merger terms between two of the world's largest banks, Discover and Capital One. McClary said, "We are honored to contribute to the body of knowledge these regulators have regarding the role these banks play in education, particularly business education and financial literacy. NBEA focused the public comments available here to underscore the importance of the commitments made by these banks to social responsibility and the financial literacy of the next generation." Discover pledged more than 7.5 million dollars in funds to help provide financial literacy resources to teachers FREE. NBEA's teachers can take advantage of these free resources that can be plugged into any curriculum they use. Members can review the resources at NBEA.org/Pathway.

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