The Commission, through the authority of the members referred to in section 9702(c) of this title, shall take such actions as it deems necessary to streamline, improve, or augment the financial literacy and education programs, grants, and materials of the Federal Government, including curricula for all Americans.
The Commission shall maintain and periodically update the best practices information required under this paragraph and make the best practices available to the public.
Nothing in this paragraph shall be construed to require an institution of higher education to adopt the best practices required under this paragraph.
The Commission shall establish and maintain a website, such as the domain name “FinancialLiteracy.gov”, or a similar domain name.
The Commission shall establish a toll-free telephone number that shall be made available to members of the public seeking information about issues pertaining to financial literacy and education.
The Commission shall, not less than annually, review the national strategy developed under this subsection and make such changes and recommendations as it deems necessary.
Not later than 18 months after the date of the first meeting of the Commission, and annually thereafter, the Commission shall issue a report, the Strategy for Assuring Financial Empowerment (“SAFE Strategy”), to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives on the progress of the Commission in carrying out this chapter.