H.R.7946: Federal Reserve Racial and Economic Equity Act

About This Bill

Bill Version

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Aug. 4, 2020
Referred to the House Committee on Financial Services.
Aug. 4, 2020

Introduced in the House by Maxine Waters (D-Calif.)

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