HR 7579
Emergency Lending Diversity Act of 2024
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
```json { "summary": "This bill requires the Federal Reserve Board to establish goals for diversity in investment management agreements. Specifically, the Board must prioritize using investment advisers, brokers, and dealers that are owned or controlled by women, minorities, or veterans. The bill aims to increase opportunities for these firms when the Federal Reserve utilizes its authority in urgent situations. It mandates reporting on these diversity goals within the Board’s regular reports.", "keyProvisions": [ "The Federal Reserve Board must set goals in investment management agreements.", "These goals prioritize diverse investment advisers, brokers, and dealers.", "‘Diverse individual-owned and controlled firms’ are defined as those owned by women, minorities, or vetera
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