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
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
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 7946: Federal Reserve Racial and Economic Equity Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7946/
"H.R. 7946: Federal Reserve Racial and Economic Equity Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7946/.
H.R. 7946, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7946/.
[H.R. 7946: Federal Reserve Racial and Economic Equity Act](https://openamerica.io/bill/116-HR-7946/)