HR 7594 · 117th Congress · Finance and Financial Sector

Too Narrow to Succeed Act

Introduced 2022-04-27· Sponsored by Rep. Beatty, Joyce [D-OH-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Water Resources and Environment.(2022-04-28)

Plain Language Summary

[AI summary unavailable — showing source text] Too Narrow to Succeed Act This bill requires federal institutional investors to report on their use of diverse-owned asset management firms. Additionally, the Department of Labor must conduct a survey of public- and private-sector pension plans regarding best practices for increasing the utilization and capacity of diverse-owned asset management firms.…

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

Cosponsors (1)

1 Democrat
Rep. Aguilar, Pete [D-CA-31]CA