H.R. 7946 · 116th Congress
Federal Reserve Racial and Economic Equity Act
- Stage
- In committee
- Sponsor
- Maxine Waters
- Introduced
- 2020-08-04
- Latest action
- 2020-08-04 · Introduced in House
Summary
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.