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S 2257 118th Congress Senate Finance and Financial Sector

Federal Reserve Racial and Economic Equity Act

Introduced: July 12, 2023 Introduced by: Warren, Elizabeth Democratic · Massachusetts See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 12, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

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 July 12, 2023

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

 Committees of jurisdiction 1