H.R. 7594 · 117th Congress
Too Narrow to Succeed Act
- Stage
- In committee
- Sponsor
- Joyce Beatty
- Introduced
- 2022-04-27
- Latest action
- 2022-04-28 · Referred to the Subcommittee on Water Resources and Environment.
Summary
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.