Congressional Savings and Ownership Caucus Launches and Pew Releases a Paper on Savings

Thursday, November 19th the Congressional Savings and Ownership Caucus (CSOC) is holding it’s first event of the 111th Congress–“Advancing Economic Mobility Through Savings: Savings, Ownership and the American Dream.”

The CSOC is a bi-partisan Congressional organization devoted to exploring, debating, and advancing policies to build savings and assets for all Americans, particularly those with lower incomes and fewer resources. The CSOC is Co-Chaired by Rep. Jim Cooper (D-TN), Rep. Tom Petri (R-WI), Rep. Earl Pomeroy (D-ND), and Rep. Joe Pitts (R-PA). The Asset Building Program has helped to organize the Congressional Savings and Ownership Caucus since 2005. You can learn more about some of the work of the CSOC here.

The event will feature the release of a new report on savings and economic mobility, the report is being released by the Economic Mobility Project of the Pew Charitable Trusts and was co-authored in part by Reid Cramer and Rourke O’Brien from the Asset Building Program.

The event is from 1PM until 2PM in room 2456 of the Rayburn building.

If you’re interested in attending the event, learning about the CSOC and getting a copy of the report, you can RSVP here.