Too Narrow to Succeed Act

Fact Sheet API

Bill Number

HR 7594

Introduced

Apr 27, 2022

Latest Action

Referred to the Subcommittee on Water Resources and Environment.

Sponsor

Cosponsors

Topics

Finance and Financial Sector

Full Text

View Full Bill Text

Votes

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.

Actions

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

Amendments

Related Bills