House Bill 7579 - Emergency Lending Diversity Act of 2024

Purpose and Summary

Chamber: House

Introduced date: 2024-03-07

Recent Activity

Referred to the House Committee on Financial Services.

Alternative Names

Emergency Lending Diversity Act of 2024

Emergency Lending Diversity Act of 2024

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 Governors unusual and exigent circumstances authority, and for other purposes.

Associated Legislation

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Policy Areas

Finance and Financial Sector

Potential Impact

Sponsors and Supporters

Rep. Beatty, Joyce [D-OH-3]

Cosponsors and Supporters

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Committees and Subcommittees

Financial Services Committee

Variations and Revisions

Emergency Lending Diversity Act of 2024

3/18/2024, 10:23 PM
Referred to the House Committee on Financial Services.
Congress
118
Number
HR - 7579
Introduced on
2024-03-07
# Amendments
0
Sponsors
+5

Variations and Revisions

3/7/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Referred to the House Committee on Financial Services.
Alternative Names
Official Title as IntroducedTo 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 Governors unusual and exigent circumstances authority, and for other purposes.
Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Action3/7/2024
Referred to the House Committee on Financial Services.