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Increased Transparency for Diversity Data in Financial Firms.

This new act requires large financial companies to collect and provide data on diversity and inclusion. The aim is to increase transparency and accountability in the financial sector, potentially impacting equal employment and advancement opportunities for all citizens.
Key points
Financial entities with 100 or more employees must provide diversity information.
The goal is to better monitor and promote diversity and inclusion within the financial sector.
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Additional Information
Print number: 118_HR_10354
Sponsor: Rep. Beatty, Joyce [D-OH-3]
Process start date: 2024-12-11