Federal Reserve Racial and Economic Equity Act

United States116th CongressHR-7946House of Representatives
Latest legislative activity: Aug 4, 2020

Summary

Official 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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-4464: Federal Reserve Racial and Economic Equity Act

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

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