Chairman Alan Greenspan in a 2/05/02 testimony on financial literacy
before the Senate Banking Committee stated that "the US military,...
has mandated that all incoming enlisted personnel receive financial
education". My question is this mandate tied to legislation that was
passed, a presidential directive, an internal military directive, or
what? Please provide supporting documentive or reference.

Veteran,

Thanks for your question.  As a military veteran, your question
intrigued me in that I was curious how the military has implmented and
changed the way it educates youg servicemen and women in regards to
financial skills.  The comments made by Greenspan were actually first
mentioned in a speech in 2001 where he said, almost word for word, the
exact same thing.

In actuallity, the Armed Services have always had financial training
available to their members and spouses, but it was not mandatory. 
However, with recent reports of service people getting ripped off and
thrown into financial woes, all branches now have some mandatory
financial training required.  Below, I have listed the branches and
the name of their programs as well as the regulations that outline and
required the training and a reference of where I found the
information.  Department of Defense Directive 1344.7 implemented the
requirement of providing financial training.


Army-Financial Readiness Training
Implemented in 1999, Army Regulation 608-1
Source:
Department of the Army Headquarters
http://www.hqda.army.mil/acsim/family/web/flo_notes/1999/flo99may.htm

Navy/Marines-Personal Financial Management
Implemented in 1990, Covered in OPNAVINST 1740.5, required in 2000.
Source:
Department of Defense NewsLink
http://www.defenselink.mil/news/Nov2000/t11142000_t114navy.html

Air Force-Personal Financial Management Program
Implemented in 1997, regulated by Air Force Instruction 36-3009
Source:
McChord Air Force Base
http://www.mcchord.af.mil/famsup/Financial_Management/body_financial_management.html



References:

Remarks by Chairman Alan Greenspan
The importance of education in today’s economy 
At the Community Affairs Research Conference of the Federal Reserve
System, Washington, D.C.
April 6, 2001
http://www.federalreserve.gov/boarddocs/speeches/2001/20010406/default.htm

Testimony of Chairman Alan Greenspan
Financial literacy
Before the Committee on Banking, Housing, and Urban Affairs, U.S.
Senate
February 5, 2002
http://www.federalreserve.gov/boarddocs/testimony/2002/20020205/default.htm

ArmLink News
http://www.dtic.mil/armylink/news/Sep2001/a20010910commercialsolicitation.html

Department of the Army
http://www.hqda.army.mil/acsim/family/web/flo_notes/1999/flo99may.htm

Below are the regulations that cover the respective branches.  You
will need Adobe Acrobat Reader to view these documents:

Air Force Instrustion 36-3009
http://afpubs.hq.af.mil/pubfiles/af/36/afi36-3009/afi36-3009.pdf

Army Regulation 608-1
http://www.usapa.army.mil/pdffiles/r608_1.pdf

Office of the Chief of Naval Operations Instruction 1740.5
http://neds.nebt.daps.mil/Directives/1740_5.pdf

Department of Defense Directive 1344.7
https://www.perscomonline.army.mil/tagd/pssd/psb/commercial%20solicitation/DoDD%201344.7.pdf

Additional Information:

http://www.lifelines2000.org/prog_manager/pfm/section1.pdf

Very thorough. Thanks