On the recordJune 15, 2022
I thank Representative Green for yielding, and, of course, I thank Chairwoman Waters for bringing this important piece of legislation to the floor. I heard Ranking Member McHenry talk today, and I think that the American people understand that inflation is all over the world. It is not a United States problem; it is a global problem predicated by Putin's aggression in Ukraine and coming out of the greatest pandemic that we have had in over 100 years. Democrats are focused on working with the globe to make a difference. I want to focus on this bill and talk about the Improving Corporate Governance Through Diversity Act and the Ensuring Diversity in Community Banking Act portions of this bill. On that, I thank Ranking Member McHenry and other Republicans for the bipartisan support both bills received when they unanimously passed out of the Financial Services Committee. We need to continue all efforts to promote racial and economic justice in our communities, and this package of legislation does exactly that. Investors want to know whether the C-suites and the boardrooms in corporate America are actually working in their interests and reflecting their ideals. I, along with Representatives Carolyn B. Maloney and Ritchie Torres, worked to enhance the SEC's disclosure regime by requiring public companies to disclose race, ethnicity, gender identity, sexual orientation, and veteran status of these companies.…
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