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Newsom signs executive order to expand women’s-wealth initiatives and accelerate high-school financial literacy
Summary
At San Lorenzo High School, Governor Gavin Newsom signed an executive order directing state action to boost women’s access to capital and to help implement a new statewide personal finance course for high schools; educators and nonprofit leaders highlighted an implementation guide and district pilots.
Governor Gavin Newsom signed an executive order at San Lorenzo High School to coordinate state efforts that promote women’s access to capital and expand financial literacy for California high school students.
“Knitting these things together now is what this executive order is all about,” Newsom said, describing the effort as part of a broader strategy to “democratize our economy” by investing early in children and families.
The event featured educators and advocates who said classroom instruction plus account-based incentives can change students’ trajectories. Tim Ranzetta, cofounder of the nonprofit NextGen Personal Finance, told the crowd how a single semester of personal finance transformed a former student’s path and credited Senate/assembly action (referred to in remarks as “B-2927”) for ensuring the course will be broadly available. “Every single student in…
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