HR 7946 · 116th Congress · Finance and Financial Sector

Federal Reserve Racial and Economic Equity Act

Introduced 2020-08-04· Sponsored by Rep. Waters, Maxine [D-CA-43]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2020-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

13 Democrats
Rep. Maloney, Carolyn B. [D-NY-12]NY
Rep. Velazquez, Nydia M. [D-NY-7]NY
Rep. Sherman, Brad [D-CA-30]CA
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Clay, Wm. Lacy [D-MO-1]MO
Rep. Green, Al [D-TX-9]TX
Rep. Cleaver, Emanuel [D-MO-5]MO
Rep. Lawson, Al, Jr. [D-FL-5]FL
Del. San Nicolas, Michael F. Q. [D-GU-At Large]GU
Rep. Pressley, Ayanna [D-MA-7]MA
Rep. Lynch, Stephen F. [D-MA-8]MA
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]IL
Rep. Garcia, Sylvia R. [D-TX-29]TX