H.R. 7946 · 116th Congress
Federal Reserve Racial and Economic Equity Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
WatersSponsor13 cosponsors · 13 D
D
Clay
EC
D
Cleaver
AG
D
Green
CG
D
García
SG
D
Garcia
SL
D
Lynch
AL
D
Lawson
CM
D
Maloney
GM
D
Meeks
AP
D
Pressley
BS
D
Sherman
MS
D
San Nicolas
NV
D
Velázquez0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Federal Reserve Board to carry out its duties in a manner that supports the elimination of racial and ethnic disparities in employment, income, wealth, and access to affordable credit. The board must report on disparities in labor force trends as well as on plans and activities of the board to minimize and eliminate these disparities.
What it does: CRS summary · Introduced in House · Aug 4, 2020
Federal Reserve Racial and Economic Equity Act
This bill requires the Federal Reserve Board to carry out its duties in a manner that supports the elimination of racial and ethnic disparities in employment, income, wealth, and access to affordable credit. The board must report on disparities in labor force trends as well as on plans and activities of the board to minimize and eliminate these disparities.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Reserve Racial and Economic Equity Act
Latest action (Aug 4, 2020): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Aug 4, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.