arrow_back Back to App

Increased Transparency of Diversity Data in Financial Institutions

This new act requires financial institutions to collect and provide diversity data. This aims to help assess whether these institutions promote equal opportunities. Citizens can thus better understand how the companies they interact with approach diversity issues.
Key points
Financial institutions will be required to provide information on the diversity of their employees and management.
The goal is to increase transparency and evaluate progress in promoting diversity within the financial sector.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_2001
Sponsor: Rep. Beatty, Joyce [D-OH-3]
Process start date: 2021-03-18
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Diversity Data Accountability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2001.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-18.

What are the main provisions?

Key points include:

  • Financial institutions will be required to provide information on the diversity of their employees and management.
  • The goal is to increase transparency and evaluate progress in promoting diversity within the financial sector.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Beatty, Joyce [D-OH-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Labor Courts and Law