Expanding LGBTQ+ inclusion in federal financial and housing diversity programs.
This law expands federal diversity and inclusion programs within the financial and housing sectors to explicitly cover LGBTQ+ individuals and businesses. Federal agencies overseeing banks and financial markets must now actively promote the employment and contracting of businesses owned by minorities, women, and LGBTQ+ individuals. This aims to ensure equal opportunities in accessing jobs and government contracts monitored by these agencies, potentially increasing economic opportunities for this group of citizens.
Key points
Federal Offices of Minority and Women Inclusion (OMWI) are renamed to formally include the LGBTQ+ community.
LGBTQ+-owned businesses gain formal status in programs designed to increase access to federal contracts and financial services.
Financial and housing agencies must now consider sexual orientation and gender identity in their diversity and employment efforts.
Status:
Expired
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