HR 7594
117th Congress
House
Finance and Financial Sector
Too Narrow to Succeed Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 28, 2022
Referred to the Subcommittee on Water Resources and Environment.
Apr 27, 2022
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Education and Labor, Financial Services, Transportation and Infrastructure, Armed Services, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 27, 2022
Introduced in House
Plain-English 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.
What's happening now
Referred to the Subcommittee on Water Resources and Environment.
Cosponsors
1