The Children's Poet Laureate will be a Consultant in children's verse to the Poetry Foundation and will win a stipend of $25,000. The Children's Poet Laureate will serve for two years. I hope that means there will be a Second Children's Poet Laureate to follow.
Now all we need is a Children's Laureate like they have in the U.K. Still, this is excellent news and recognition of the importance of children's literature in the U.S.