3.0.0 7946 2023-01-11T13:45:30Z 2023-01-11T13:45:30Z House HR 2020-08-04 116 [Congressional Record Volume 166, Number 138 (Tuesday, August 4, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. WATERS:H.R. 7946.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, cl. 1, To pay debts and provide forthe common Defense and General Welfare of the United States.Article I, Section 8 cl. 3, To regulate Commerce withForeign Nations, Among the Several States, and with theIndian Tribes.Article I, Section 8, cl. 18, To make all laws which shallbe necessary and proper for carrying into Execution thepowers enumerated under section 8 and all other Powers vestedby the Constitution in the Government of the United States,or in any Department or Officer thereof.[Page H4219]]]> hsba00 Financial Services Committee House Standing Referred to 2020-08-04T15:00:35Z Federal Reserve Racial and Economic Equity Act 116 4464 S 2020-08-06 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2020-08-04 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-08-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-04 Introduced in House IntroReferral 1000 9 Library of Congress W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 N M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2020-08-07 False V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2020-08-07 False S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2020-08-07 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2020-08-07 False C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2020-08-07 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2020-08-07 False C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2020-08-07 False L000586 Rep. Lawson, Al, Jr. [D-FL-5] Al Lawson D FL 5 2020-08-07 False S001204 Del. San Nicolas, Michael F. Q. [D-GU-At Large] Michael San Nicolas D GU F. Q. 0 2020-08-07 False P000617 Rep. Pressley, Ayanna [D-MA-7] Ayanna Pressley D MA 7 2020-08-07 False L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2020-08-07 False G000586 Rep. Garcia, Jesus G. "Chuy" [D-IL-4] Jesus Garcia D IL G. 4 2020-08-07 False G000587 Rep. Garcia, Sylvia R. [D-TX-29] Sylvia Garcia D TX R. 29 2020-08-07 False 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 Finance and Financial Sector 00 2020-08-04 Introduced in House 2020-09-15T15:36:05Z 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.

]]> Federal Reserve Racial and Economic Equity Act Display Title Federal Reserve Racial and Economic Equity Act Short Title(s) as Introduced Federal Reserve Racial and Economic Equity Act Introduced in House IH Official Title as Introduced To amend the Federal Reserve Act to add additional demographic reporting requirements, to modify the goals of the Federal Reserve System, and for other purposes. Introduced in House IH Introduced in House 2020-08-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7946ih/xml/BILLS-116hr7946ih.xml 2020-08-04 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.