HR 2543 - Federal Reserve Racial and Economic Equity Act - National Key Vote

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Title: Federal Reserve Racial and Economic Equity Act

Vote Smart's Synopsis:

Vote to pass a bill that requires the Federal Reserve Board 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.

Highlights:

 

  • Requires the Federal Reserve Board carry out its duties in a manner that supports the elimination of racial and ethnic disparities in the following areas, including (Sec. 3):

    • Employment;

    • Income;

    • Wealth; and

    • Access to affordable credit.

  • Requires the board report on disparities in labor force trends as well as on plans and activities of the board to minimize and eliminate these disparities (Sec. 3).

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