President Obama's advisory council on financial literacy should soon have two new members.
On Nov. 14 the president announced plans to appoint Janie Barrera and Sherry Salway Black to his Advisory Council on Financial Capability.
The council was established in January 2010 to help Americans make better-informed financial decisions, with the idea that this would contribute to financial stability. It is chaired by John W. Rogers Jr., chairman and chief executive of Ariel Investments. Many of its members come from either the financial industry or the nonprofit sector.
Barrera is the president and chief executive of ACCION Texas Inc., a San Antonio company that provides small loans and training to small businesses and individuals.
Black is director of the Partnership for Tribal Governance at the National Congress of American Indians. She formerly was senior vice president at the First Nations Development Institute, a nonprofit that works on financial literacy among Native Americans.
