Woonsocket Radio News Room

 

 

General Treasurer awards Rep. Ackerman, Sen.

Cano for legislation championing financial literacy

 

Treasurer award

From left, Sen. Sandra Cano, General Treasurer Seth Magaziner and Rep. Mia S. Ackerman

 

STATE HOUSE — General Treasurer Seth Magaziner yesterday awarded House Deputy Majority Whip Mia A. Ackerman (D-Dist. 45, Cumberland, Lincoln) and Sen. Sandra Cano (D-Dist. 8, Pawtucket) for distinguished service in championing financial literacy.

Representative Ackerman and Senator Cano sponsored a law (2021-H 5491, 2021-S 0349) this year that requires the Council on Elementary and Secondary Education, in consultation with the Rhode Island Department of Education, to develop and approve standards for consumer education in in public high schools.

“I am so honored to be here today to receive this award,” said Representative Ackerman. “It is always appreciated to be recognized for the hard work that goes into getting a law passed. But this is particularly gratifying because the real winners here are the youth of Rhode Island and that should truly be celebrated. I want all of these students to come out of school not only with the knowledge to build a skilled workforce, but with the knowledge of how to manage their personal finances instead of spending a lifetime in debt.”

The awards were presented by Treasurer Magaziner during the second annual Office of the General Treasurer Distinguished Service Awards ceremony, where seven Rhode Island individuals and organizations were recognized for their strong partnership to the Office of the General Treasurer in promoting economic opportunity for all Rhode Islanders.

“Enactment of the financial literacy legislation was a truly collaborative effort, and it included my fellow award recipient Representative Mia Ackerman, as well as the leadership and advocacy of Treasurer Magaziner himself,” said Senator Cano, who chairs the Senate Education Committee. “Financial literacy has been a top priority of mine since I came into the Senate, because ensuring that students have the financial tools they need to get by in the world needs to be a core requirement in every school.”

“When we equip Rhode Island students with personal financial skills early on, we set them up for financial success in adulthood,” said General Treasurer Seth Magaziner. “This law will help ensure that every student receives the personal financial instruction they need to make smart financial decisions and access economic opportunity throughout their lives.”

 

 

 
Details of David Pecker's Involvement in Donald Trump's alleged hush money trial came to light in court Thursday. Pecker took the stand for his third day of testimony, and revealed conversations between himself, the former President, and Associate Michael Cohen. Pecker says he arranged to buy the story surrounding Trump's alleged affair with Playboy model Karen McDougal for $150,000, but backed out of the deal after consulting with election lawyers, believing the payment may break the law.        Students at Columbia University are filing a federal civil rights lawsuit against the school. They filed the complaint with the U.S. Department of Education's Office for Civil Rights on Thursday, demanding an investigation into the school's actions against pro-Palestinian students. The lawsuit alleges Columbia has mistreated students utilizing their first amendment rights.        The Food and Drug Administration says remnants of the bird flu were found in one in five pasteurized milk samples. Earlier this week, the FDA found fragments of the bird flu in commercially sold milk but said it's still safe to drink, as the pasteurization process kills the virus and only leaves small traces behind. On Thursday officials revealed about 20-percent of their milk samples contained remnants of the virus.        Former Hollywood producer Harvey Weinstein is having his conviction for sex crimes in New York overturned. The New York Court of Appeals ruled Weinstein did not receive a fair trial. The court found the judge in his trial made an error allowing women to testify about alleged sexual assaults committed by Weinstein that were not part of the charges against him. Weinstein was also sentenced in Los Angeles in February of last year to 16 years in prison after he was convicted of rape and that conviction still stands.        Buying a home is now more expensive than ever. A new report from Redfin found the median home price in the United States is now over 383-thousand-dollars, a record high. The economic research lead with Redfin says prices may drop slightly in the coming months, but buyers should accept that "housing costs are likely to remain elevated for the foreseeable future." The median down payment is also up 24-percent compared to last year, at around 56-thousand-dollars.        Soulja Boy says he wants to help save TikTok. Congress passed a bill on Wednesday that requires TikTok's Chinese-owned parent company ByteDance to sell the app or else it will be banned in the United States. Soulja Boy has offered up a solution, posting "How much yall want for TikTok? I'll buy it." The rapper tagged the social media company in the post.       

Old News Archives