NEW YORK — Dan Iannicola, deputy assistant secretary for the U.S. Treasury Department, talked about the big picture and resources when it comes to financial literacy during the National Federation of Community Development Credit Unions' Financial Literacy Day.

"Make no mistake; we're in a national teachable moment and you're all a part of it," Iannicola said. "We don't want people to think that regulation should replace financial literacy. Both have a place and they should compliment each other."

Looking at the big picture, Iannicola pointed out the while choices in the marketplace have increased, financial knowledge has stayed the same.

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