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Mother said Josh Powell threatened her
WASHINGTON, Jan. 29 (UPI) -- U.S. President Barack Obama signed an executive order Friday creating an Advisory Council on Financial Capacity to help improve Americans' financial literacy.
The council will advise Obama on promoting and enhancing financial literacy and capability within the U.S. population, White House Press Secretary Robert Gibbs said in a statement.
"This effort is important to help keep America competitive and assist the American people in understanding and addressing financial matters, which contributes to our national financial stability," Gibbs said.
Among its duties, council is charged with advising Obama on financial education efforts, promoting financial products and services beneficial to consumers, and promoting understanding of how the financial products and services can be used effectively.
Membership includes the secretaries of Treasury and Education, or their designee, and not more than 22 members appointed by Obama who don't work for the federal government.
Members won't get paid, but are allowed per-diem expenses.
Unless its life is extended by Obama, the council will expire in two years.
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TACOMA, Wash., Feb. 9 (UPI) --
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