To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governor's unusual and exigent circumstances authority, and for other purposes.

Fact Sheet API

Bill Number

HR 6891

Introduced

May 15, 2020

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Federal Reserve System Finance and Financial Sector Financial services and investments Government information and archives Minority and disadvantaged businesses Performance measurement Women in business

Full Text

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Votes

Summary

This bill requires the Federal Reserve Board to set goals related to woman-, minority-, or veteran-owned or controlled firms in certain investment management agreements made related to the board's authority in unusual and exigent circumstances.

Actions

May 15, 2020

Referred to the House Committee on Financial Services.
May 15, 2020

Introduced in House

Amendments

Related Bills