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Proposed legislation on elder fraud education and financial literacy
0:04:27
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25 sec
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Council Member Hudson introduces her proposed legislation aimed at educating older adults about elder fraud, end-of-life preparation, and financial literacy.
- The legislation focuses on ensuring older New Yorkers have access to current information about scams, fraud, and other forms of financial exploitation
- It aims to provide resources to help older adults organize their financial affairs and improve their financial literacy
- The goal is to empower older adults to make informed decisions about their financial well-being
- Hudson expresses her interest in receiving feedback from the administration on this proposal