Financial Services Diversity Initiative

Bill: 110-hconres-140
Sponsor: Rep. Meeks, Gregory W. [D-NY-6]
Introduced: 2007-05-03 in the House
Policy area: Finance and Financial Sector
Subjects: Apprenticeship
Bank management
Black colleges
Business education
Commerce
Community and school
Corporate management
Education
Elementary and secondary education
Financial institutions
Financial services
Graduate education
Higher education
Labor and Employment
Mentoring
Minorities in government
Minority business enterprises
Minority education
Minority employment
Pension funds
Recruiting of employees
Secondary education
Summer employment
Women
Women in business
Women in government
Women's education
Women's employment

Summary:
action_date: 2007-05-03
text: 
Financial Services Diversity Initiative - Expresses the sense of Congress that: (1) active measures should be taken by employers and educational institutions to increase the demographic diversity of the financial services industry; and (2) diversity within the financial services industry is vitally important not only to promoting innovation and creativity in the industry but to developing a more inclusive workforce for a fair and just economy.

action_date: 2007-07-30
text: 

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

 
Financial Services Diversity Initiative - Recognizes that minorities and women still face unique challenges entering into and obtaining upper level positions within the financial services industry.
 
Encourages financial institutions to partner with organizations focused on developing opportunities for minorities and women to place talented young minorities and women in industry internships, summer employment, and full-time positions.
 
Encourages financial institutions to partner, also, with inner-city high schools, girls' high schools, and high schools with majority minority populations to establish or enhance financial literacy programs and provide mentoring.
 
Encourages financial institutions, including federal and state financial institution regulatory agencies, to build and retain a diverse staff through specified initiatives.
 
Encourages financial institutions to appoint more minorities and women as board members.
 
Encourages financial institutions, finally, as well as public and private pension funds, to seek qualified minority- and women-owned firms as investment managers, underwriters, and other business relationships.
 
Expresses the sense of Congress that: (1) active measures should be taken by employers and educational institutions to increase the demographic diversity of the financial services industry; and (2) diversity within the financial services industry is vitally important not only to promoting innovation and creativity in the industry but to developing a more inclusive workforce for a fair and just economy.

action_date: 2007-09-24
text: 

(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

 
Financial Services Diversity Initiative - Recognizes that minorities and women still face unique challenges entering into and obtaining upper level positions within the financial services industry.
 
Encourages financial institutions to partner with organizations focused on developing opportunities for minorities and women to place talented young minorities and women in industry internships, summer employment, and full-time positions.

Encourages financial institutions to partner, also, with inner-city high schools, girls' high schools, and high schools with majority minority populations to establish or enhance financial literacy programs and provide mentoring.

Encourages financial institutions, including federal and state financial institution regulatory agencies, to build and retain a diverse staff through specified initiatives.

Encourages financial institutions to appoint more minorities and women as board members.

Encourages financial institutions, finally, as well as public and private pension funds, to seek qualified minority- and women-owned firms as investment managers, underwriters, and other business relationships.

Expresses the sense of Congress that: (1) active measures should be taken by employers and educational institutions to increase the demographic diversity of the financial services industry; and (2) diversity within the financial services industry is vitally important not only to promoting innovation and creativity in the industry but to developing a more inclusive workforce for a fair and just economy.


Legislative actions:
action_date: 2007-09-25
text: Received in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2007-09-24
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2007-09-24
text: On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote. (text: CR H10730-10731)
action_date: 2007-09-24
text: Passed/agreed to in House: On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote.(text: CR H10730-10731)
action_date: 2007-09-24
text: DEBATE - The House proceeded with forty minutes of debate on H. Con. Res. 140.
action_date: 2007-09-24
text: Considered under suspension of the rules. (consideration: CR H10730-10732)
action_date: 2007-09-24
text: Mr. Meeks (NY) moved to suspend the rules and agree to the resolution, as amended.
action_date: 2007-07-30
text: Placed on the Union Calendar, Calendar No. 180.
action_date: 2007-07-30
text: Committee on Education and Labor discharged.
action_date: 2007-07-30
text: Committee on Education and Labor discharged.
action_date: 2007-07-30
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 110-278, Part I.
action_date: 2007-07-30
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 110-278, Part I.
action_date: 2007-07-17
text: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
action_date: 2007-06-26
text: Ordered to be Reported (Amended) by Voice Vote.
action_date: 2007-06-26
text: Committee Consideration and Mark-up Session Held.
action_date: 2007-05-03
text: Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2007-05-03
text: Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2007-05-03
text: Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2007-05-03
text: Introduced in House
action_date: 2007-05-03
text: Introduced in House