HR 7946
116th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Community life and organization
Congressional oversight
Consumer credit
Credit and credit markets
Economic performance and conditions
Federal Reserve System
Labor market
Minority employment
Monetary policy
Racial and ethnic relations
Unemployment
Wages and earnings
Federal Reserve Racial and Economic Equity Act
Introduced: August 4, 2020
Introduced by:
Waters, Maxine
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 4, 2020
Referred to the House Committee on Financial Services.
Aug 4, 2020
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1