HR 2543 · 117th Congress · Finance and Financial Sector

Financial Services Racial Equity, Inclusion, and Economic Justice Act

Introduced 2021-04-14· Sponsored by Rep. Waters, Maxine [D-CA-43]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2022-06-21)

Recorded Votes

PassedHouse · 2022-06-15
Roll #275
Yea 215Nay 207
Democrats
215 Yea·3 Nay
Republicans
0 Yea·204 Nay
PassedHouse · 2022-06-15
Roll #275
Yea 215Nay 207
Democrats
215 Yea·3 Nay
Republicans
0 Yea·204 Nay
FailedHouse · 2022-06-15
Roll #274
Yea 202Nay 219
Democrats
0 Yea·218 Nay
Republicans
202 Yea·1 Nay

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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

CBO Cost Estimate

Congressional Budget Office

H.R. 2543, Federal Reserve Racial and Economic Equity Act

May 27, 2021

As ordered reported by the House Committee on Financial Services on April 21, 2021

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (5)

5 Democrats