MBA Letter to House on H.R. 2543
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On June 15, 2022, the House considered and passed a House Financial Services Committee bill along party lines that seeks to promote racial and economic equity within the financial sector. Specifically, H.R. 2543, the Financial Services Racial Equity, Inclusion, and Economic Justice Act would require the Federal Reserve Board of Governors to report on disparities in labor force trends, as well as its plans and activities to mitigate and eliminate these disparities.
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