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SRES 658118th CongressFailed / ExpiredSenate

A resolution designating April 2024 as "Financial Literacy Month".

Policy Area: Finance and Financial Sector
View on Congress.gov
Origin Chamber
Senate
Last Updated
Aug 8, 2025
Latest Action Date
Apr 20, 2024

Latest Action

Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2929; text: CR S2934)

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

Senate Resolution 658, introduced in the 118th Congress, designates April 2024 as "Financial Literacy Month." The resolution was submitted in the Senate and agreed to without amendment by unanimous consent on April 20, 2024. The bill does not include legislative text or provisions beyond the designation itself, and no official summary or full bill text is available. The resolution falls under the policy area of Finance and Financial Sector and is categorized as failed or expired as of the latest update in August 2025.

Bottom Line

S.Res. 658 formally recognizes April 2024 as Financial Literacy Month, aiming to promote awareness of financial education, but it contains no enforceable provisions or funding and has expired without further legislative action.

Policy Risk Level
🟢 Low
Neutral Risk Assessment
Key Points
  • The resolution designates April 2024 as Financial Literacy Month to encourage awareness of financial literacy.
  • It was agreed to in the Senate by unanimous consent without amendments or additional legislative text.
  • The resolution has no binding legal effect, funding, or enforcement mechanisms and is categorized as failed or expired.
Who Benefits?

['General public, especially individuals seeking to improve financial knowledge', 'Educational organizations and nonprofits focused on financial literacy', 'Government agencies involved in financial education and consumer protection']

Potential Concerns

['No funding or resources are allocated to support financial literacy initiatives as part of this resolution.', "Lack of enforcement or implementation mechanisms may limit the resolution's practical impact.", "The resolution's expiration status indicates no ongoing legislative commitment or follow-up."]

Political Context

The resolution was introduced and passed in the Senate during the 118th Congress as a nonbinding measure to promote financial literacy awareness. It was agreed to without amendment by unanimous consent, reflecting broad bipartisan support typical for symbolic designations. The resolution did not advance further and is now categorized as failed or expired.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

['May raise public and institutional awareness of financial literacy during April 2024 through voluntary observances.', 'Could encourage educational and nonprofit organizations to plan events or campaigns aligned with the designated month.', 'Lack of funding or enforcement may limit the scale and reach of activities associated with the designation.']

GovScope Watchdog Notes

This resolution is a symbolic designation without binding authority, funding, or enforcement. Transparency considerations include the absence of detailed legislative text and official summary, limiting public understanding of intended implementation. The expired status indicates no ongoing legislative activity or oversight related to this designation.

Passage Likelihood: LowConfidence: 90%Model: gpt-4.1-mini

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