Rep. Thomas Massie (R-KY) visited students at Holy Cross High School participating in the 12th annual SIFMA Foundation Capitol Hill Challenge. This 14-week challenge organizes teams of middle and high school students by congressional district and state and teaches the importance of saving and investing, while simultaneously promoting a better understanding of the government.
Massie met with the student teams who are investing a hypothetical $100,000 in listed stocks, bonds and mutual funds and learning the value of saving, investing and the capital markets as they work together to maximize the return of their portfolios. The national top 10 teams will be recognized at an awards reception in Washington, D.C. this June.
Rep. Thomas Massie
“For over a decade, the Capitol Hill Challenge and Stock Market Game and have helped students from around the country grow and learn about financial literacy,” said Kenneth E. Bentsen, Jr., SIFMA president and CEO. “Our industry is committed to giving students the necessary tools to build a solid foundation of information regarding investing and saving, so they can one day achieve their financial goals. I’d like to give special thanks to lawmakers like Rep. Thomas Massie who are making personal visits to engage students on these important issues.”
The competition uses the SIFMA Foundation’s curriculum-based Stock Market Game, a program that is offered across the state by the Kentucky Council on Economic Education to help students develop a better understanding of the global economy, strengthen their personal financial skills and 21st Century skills, and improve their knowledge of math, economics and business. The program is proven to raise student scores on tests of mathematics, economics and financial knowledge. It is also proven to positively impact teachers’ personal financial behavior.
“We thank Congress for its second year of unanimous support of youth financial education through 100 percent participation in SIFMA Foundation’s Capitol Hill Challenge program,” said Melanie Mortimer, president of the SIFMA Foundation. “And we commend the personal commitment of Rep. Thomas Massie for visiting his Capitol Hill Challenge students and teachers to bring learning to life.”
“Helping Kentucky students better understand our economy, our markets, the role of investors, and how to make good investments will pay dividends for the students and the Kentucky economy,” said Kathleen Cooter, Executive Director, Kentucky Council on Economic Education. “Connecting Members of Congress with this program helps to reinforce the importance of this education.”
Since the Capitol Hill Challenge began in 2004, nearly 2,735 Members of Congress matches have been made to schools reaching more than 75,000 students. Middle and high school students from all 50 states are participating in this year’s competition.
To view the weekly updates in the rankings from this year’s participating schools, visit the SIFMA Foundation’s website here.
From SIFMA
