REMARKS
Proposed legislation on elder fraud education and financial literacy
0:04:27
·
25 sec
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
Crystal Hudson
0:04:27
In that spirit, my legislation that we're hearing today is concerned with ensuring that older New Yorkers have access to current information about scams, fraud, and other forms of financial exploitation, as well as resources to help older adults organize their financial affairs and improve their financial literacy.
0:04:43
Older adults should feel empowered to make decisions about their financial well-being, and this legislation would give them the tools to do so.
0:04:49
I look forward to the administration's feedback on this proposal.
