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United States · Resolution · HCONRES

H.Con.Res. 429 (109th)

Recognizing the low presence of minorities in the financial services industry and minorities and women in upper level positions of management, and expressing the sense of the Congress that active measures should be taken to increase the demographic diversity of the financial services industry.

referredUnited States· United States Congress· EN

Introduced

13 June 2006

Last action

24 July 2006 · Referred

Status

Referred to the Subcommittee on Education Reform.

Sponsors

Rep. Meeks, Gregory W. [D-NY-5], Rep. Owens, Major R. [D-NY-11], Rep. Moore, Gwen [D-WI-4], Rep. Kilpatrick, Carolyn C. [D-MI-13], Del. Christensen, Donna M. [D-VI-At Large], David Scott, Rep. Maloney, Carolyn B. [D-NY-12], Rep. Hinojosa, Ruben [D-TX-15], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Millender-McDonald, Juanita [D-CA-37], Rep. Wynn, Albert Russell [D-MD-4], Rep. Jefferson, William J. [D-LA-2], Rep. Clyburn, James E. [D-SC-6], Rep. Davis, Artur [D-AL-7], Rep. Thompson, Bennie G. [D-MS-2], Rep. Davis, Danny K. [D-IL-7], Rep. Butterfield, G. K. [D-NC-1], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Lewis, John [D-GA-5], Rep. Watt, Melvin L. [D-NC-12], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Jones, Stephanie Tubbs [D-OH-11], Rep. Watson, Diane E. [D-CA-33], Rep. Cleaver, Emanuel [D-MO-5], Rep. Waters, Maxine [D-CA-43], Rep. Meek, Kendrick B. [D-FL-17], Rep. Bishop, Sanford D. [D-GA-2], Rep. Gutierrez, Luis V. [D-IL-4], Rep. McCollum, Betty [D-MN-4], Rep. Rush, Bobby L. [D-IL-1], Rep. Green, Al [D-TX-9], Rep. Towns, Edolphus [D-NY-10], Rep. Lee, Barbara [D-CA-12], Rep. Brown, Corrine [D-FL-5], Rep. Rangel, Charles B. [D-NY-15], Rep. Serrano, Jose E. [D-NY-15], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Hastings, Alcee L. [D-FL-20], Rep. Conyers, John, Jr. [D-MI-13], Rep. Payne, Donald M. [D-NJ-10], Rep. Cummings, Elijah E. [D-MD-7], Rep. Baca, Joe [D-CA-43], Rep. Pastor, Ed [D-AZ-4], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Crowley, Joseph [D-NY-14], Rep. Israel, Steve [D-NY-3], Rep. Lowey, Nita M. [D-NY-17]

Subjects

Discovery layer

Source updated

23 March 2026

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Summary

Declares that Congress: (1) recognizes that minorities and women still face unique challenges entering into and obtaining upper level positions within the financial services industry; and (2) encourages financial institutions to take specified steps to increase participation of women and minorities in the industry. 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 13 June 2006

    Introduced

    Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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.

    Source: IntroReferral

  2. 13 June 2006

    Introduced

    Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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.

    Source: IntroReferral

  3. 13 June 2006

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 13 June 2006

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 24 July 2006

    Referred

    Referred to the Subcommittee on Employer-Employee Relations.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 13 June 2006

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  • Introduced in House (PDF)

    Introduced in House · EN · 13 June 2006

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 13 June 2006

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Sponsors

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Related records

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Sources

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