Political Quotes

On the recordJune 15, 2022
Let me first thank Chairman Green for yielding and for his outstanding job of managing the floor today. I also thank Chairwoman Maxine Waters for her leadership in bringing diversity and inclusion to the forefront of the conversation in the financial services industry. It was her vision to create the Financial Services Committee's Subcommittee on Diversity and Inclusion, and I have had the honor to serve as its chair since its inception. The racial justice equity package before us today is very much the product of the subcommittee's work over the past 3-plus years, and I am proud to say that many of its provisions were authored by subcommittee members. Republicans participated in the hearing, and today, when we deflect to issues like what we are hearing, it is very alarming. There is nothing controversial in this package or the bills I am going to reference. Two of my bills are included in this package, the Diversity and Inclusion Data Accountability and Transparency Act, referred to as the D&I DATA Act, that will direct the Office of Minority and Women Inclusion to collect data on the financial institutions they oversee. This will allow us to measure the progress that banks and other financial institutions are making on diversity performance.…
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Joyce Beatty
Democratic · Ohio

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