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More Diversity Data from Financial Companies

This new act requires financial companies to collect and provide diversity data. This aims to help assess whether these companies promote equality in employment and management. Citizens can expect greater transparency regarding diversity in the financial sector.
Key points
Financial companies will need to provide information on the diversity of their employees and management.
The goal is to better monitor and promote equality in the financial sector.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_10283
Sponsor: Rep. Beatty, Joyce [D-OH-3]
Process start date: 2024-12-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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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 118_HR_10283.

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 2024-12-04.

What are the main provisions?

Key points include:

  • Financial companies will need to provide information on the diversity of their employees and management.
  • The goal is to better monitor and promote equality in 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 2025-12-24.

CATEGORIES

Economy Labor