April may bring the resurgence of spring and showers, but it also marks Financial Literacy Month across the country, a month where we focus on and celebrate the education of everyday personal finance lessons for future generations. It's no surprise that we're now taking the time to mark the teaching of personal finance with half of the country now requiring financial literacy for high schoolers. But will it become a national requirement anytime soon? Joining us now is Connecticut Governor Ned Lamont, who pushed for the requirement in his state one year ago. Governor, thank you so much for joining us.

Hey, Lindsay. Great to be with you.

Give us a sense. One year later, has the requirement made a big difference?

We're just getting started, but it's going to be a requirement in all of our high schools, a half a credit. You and I took economics maybe some years ago. Me back in the Minx dynasty, it was microeconomics, not very relevant. Today, we want people to have the basic skills they need to live, be it take out a bank loan or a mortgage, Balancing the checkbook, credit card, overpayment, draft fees, basics of life.

Our government could probably benefit from this, right? Balancing the checkbook, not overdrafter, right? All of that. What do you say to those who argue that this is important but shouldn't be a requirement?

I think what is necessary to live in the 21st century should be a requirement. We've been teaching economics, as I joked, a variety of different ways over the last 100 years. But making it relevant to people's lives makes education come to life, and that's what we're trying to do.

Congress just hosted its annual Bipartisan Financial Literacy Fair on Capitol Hill. So there's an obvious eagerness for this in Washington. Is there a push for a national adoption of this as a requirement for high schoolers? And do you think there should be?

I think it makes pretty good sense. If you want to give us another year to see how it works out and how we're really making things happen, then come to Connecticut. We'll tell you what what we got right and what we got to work on.

As governor of a state, you've pushed for regulation of social media in our classrooms, talking about the distraction it poses to children. You brought up TikTok, in particular in your last State of the State address. And the app could very well be banned soon due to legislation on Capitol Hill, as you well know. You said a national ban would be a, quote, Slippery slope. How so?

I think when you start telling people what they can watch and what they can't watch, that could be a slippery slope. I would be very careful about that. But Lindsay, what we've done in Connecticut, I've recommended to all of our superintendents, let's get the smartphones out of the schools, or at least out of the classrooms. And we're coming up a policy there that superintendents can act on where you maybe drop your iPhone into a Yonder pouch on your way into the school, and you pick it up at the end of the day. In the meantime, you listen and actually interact with your fellow students.

Interaction with the fellow students. What a novel idea there. But I am curious, do you think the TikTok poses a security threat?

I think potentially it does. It's not owned necessarily by a foreign government, but ByteDance, which has major American investors in it, as you probably know, there is a risk there. I'll rely upon the intelligence community. I just say I want to be very careful before you abridge people's first amendment rights, what they can say and what they can view. We do that carefully.

Understood. I am curious, would you disagree with the President if he were to sign legislation banning it?

No, I think I'd follow his lead on that. He has more of the intelligence briefings that I do. I would just say be careful. Our freedoms are often abridged the name of national security. Be careful.

Connecticut Governor Ned Lamont, we thank you so much for joining us. Really appreciate it.

Nice to see you, Lindsay.