Secretary Snow speaks to council--praises financial literacy, addresses Social Security.

• Position: Brief Article

U.S. Secretary of the Treasury John W. Snow addressed the governing Council on a broad palette of issues, including the need for improved financial literacy among Americans and Social Security reform.

"I want to commend AICPA for its 360 Degrees of Financial Literacy effort [www.aicpa.org/financialliteracy]," Secretary Snow said. "Treasury's Office of Financial Education is delighted to be working with AICPA on national financial education efforts; our partnership is very important to the young people who will benefit from those efforts.

"Another issue related to helping young Americans see a brighter financial future is Social Security reform," he continued. "As the President has said, it is time to modernize the program...