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HR2543: Financial Services Racial Equity, Inclusion, and Economic Justice Act
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HR2543
Financial Services Racial Equity, Inclusion, and Economic Justice Act

2
Roll Calls
144
Yea (latest vote)
148
Nay (latest vote)
House
2022-06-15 – 2022-06-15

About HR2543

Financial Services Racial Equity, Inclusion, and Economic Justice Act

Policy Area: Finance and Financial Sector

Sponsor: Rep. Waters, Maxine [D-CA-43] (D-CA)

Latest Action (2022-06-21): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Financial Services Racial Equity, Inclusion, and Economic Justice Act This bill address access to financial services, diversity in various financial institutions and establishments, and other related issues. Access to credit, mortgages, and banking services are expanded, including by prohibiting discrimination with respect to credit transactions on the basis of an applicant's sexual orientation, gender identity, or location based on zip code or census tract; establishing language translation requirements for residential mortgage applications; and providing funding set-asides for minority lending institutions. The bill expands the support of, and access to, minority depository institutions and community development financial institutions and establishes an impact bank designation for small institutions that predominately lend to low-income borrowers. Further, the Federal Reserve Board must carry out its duties in a manner that supports the elimination of racial and ethnic disparities in employment, income, wealth, and access to affordable credit. Additionally, the bill requires financial institutions to report information relating to diversity policies and lending practices. Retail businesses must accept cash as a form of payment for sales in amounts less than $2,000 and are prohibited from charging cash-paying customers a higher price. Finally, the bill commissions various reports and studies, including a report from the Government Accountability Office on public

Subjects: Banking and financial institutions regulation, Community life and organization, Congressional oversight, Consumer credit, Credit and credit markets, Economic performance and conditions, Federal Reserve System, Labor market

Who Voted How on HR2543

Filter by Yea, Nay, or Absent

Vote Breakdown — HR2543

How members voted on HR2543. 590 total positions across all roll calls for this bill.

Member Date Question Vote Result
Robert B. Aderholt (R-Alabama) 2022-06-15 Yea-and-Nay Nay Passed
Jake Auchincloss (D-Massachusetts) 2022-06-15 Yea-and-Nay Yea Passed
Mark E. Amodei (R-Nevada) 2022-06-15 Yea-and-Nay Nay Passed
Alma S. Adams (D-North Carolina) 2022-06-15 Yea-and-Nay Yea Passed
Pete Aguilar (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Rick W. Allen (R-Georgia) 2022-06-15 Yea-and-Nay Nay Passed
Jodey C. Arrington (R-Texas) 2022-06-15 Yea-and-Nay Nay Passed
Sanford D. Bishop (D-Georgia) 2022-06-15 Yea-and-Nay Yea Passed
Cliff Bentz (R-Oregon) 2022-06-15 Yea-and-Nay Nay Passed
Stephanie I. Bice (R-Oklahoma) 2022-06-15 Yea-and-Nay Nay Passed
Lauren Boebert (R-Colorado) 2022-06-15 Yea-and-Nay Nay Passed
Gus M. Bilirakis (R-Florida) 2022-06-15 Yea-and-Nay Nay Passed
Vern Buchanan (R-Florida) 2022-06-15 Yea-and-Nay Nay Passed
Suzanne Bonamici (D-Oregon) 2022-06-15 Yea-and-Nay Yea Passed
Joyce Beatty (D-Ohio) 2022-06-15 Yea-and-Nay Yea Passed
Andy Barr (R-Kentucky) 2022-06-15 Yea-and-Nay Nay Passed
Julia Brownley (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Ami Bera (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Brian Babin (R-Texas) 2022-06-15 Yea-and-Nay Nay Passed
Donald S. Beyer (D-Virginia) 2022-06-15 Yea-and-Nay Yea Passed
Mike Bost (R-Illinois) 2022-06-15 Yea-and-Nay Nay Passed
Brendan F. Boyle (D-Pennsylvania) 2022-06-15 Yea-and-Nay Yea Passed
Don Bacon (R-Nebraska) 2022-06-15 Yea-and-Nay Nay Passed
Jim Banks (R-Indiana) 2022-06-15 Yea-and-Nay Nay Passed
Nanette Diaz Barragán (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Jack Bergman (R-Michigan) 2022-06-15 Yea-and-Nay Nay Passed
Andy Biggs (R-Arizona) 2022-06-15 Yea-and-Nay Nay Passed
Lisa Blunt Rochester (D-Delaware) 2022-06-15 Yea-and-Nay Yea Passed
Ted Budd (R-North Carolina) 2022-06-15 Yea-and-Nay Nay Passed
Troy Balderson (R-Ohio) 2022-06-15 Yea-and-Nay Nay Passed
James R. Baird (R-Indiana) 2022-06-15 Yea-and-Nay Nay Passed
Tim Burchett (R-Tennessee) 2022-06-15 Yea-and-Nay Nay Passed
Shontel M. Brown (D-Ohio) 2022-06-15 Yea-and-Nay Yea Passed
Ken Calvert (R-California) 2022-06-15 Yea-and-Nay Nay Passed
James E. Clyburn (D-South Carolina) 2022-06-15 Yea-and-Nay Yea Passed
Kat Cammack (R-Florida) 2022-06-15 Yea-and-Nay Nay Passed
John R. Carter (R-Texas) 2022-06-15 Yea-and-Nay Nay Passed
Tom Cole (R-Oklahoma) 2022-06-15 Yea-and-Nay Nay Passed
Ed Case (D-Hawaii) 2022-06-15 Yea-and-Nay Yea Passed
Jim Costa (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Emanuel Cleaver (D-Missouri) 2022-06-15 Yea-and-Nay Yea Passed
Henry Cuellar (D-Texas) 2022-06-15 Yea-and-Nay Yea Passed
Kathy Castor (D-Florida) 2022-06-15 Yea-and-Nay Yea Passed
Yvette D. Clarke (D-New York) 2022-06-15 Yea-and-Nay Yea Passed
Steve Cohen (D-Tennessee) 2022-06-15 Yea-and-Nay Yea Passed
Joe Courtney (D-Connecticut) 2022-06-15 Yea-and-Nay Yea Passed
André Carson (D-Indiana) 2022-06-15 Yea-and-Nay Yea Passed
Judy Chu (D-California) 2022-06-15 Yea-and-Nay Yea Passed
Eric A. "Rick" Crawford (R-Arkansas) 2022-06-15 Yea-and-Nay Nay Passed
Joaquin Castro (D-Texas) 2022-06-15 Yea-and-Nay Yea Passed

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Frequently Asked

What is HR2543?

HR2543 is the Financial Services Racial Equity, Inclusion, and Economic Justice Act, introduced in the House of the 119th U.S. Congress by Rep. Waters, Maxine [D-CA-43] (D-CA). Financial Services Racial Equity, Inclusion, and Economic Justice Act This bill address access to financial services, diversity in various financial institutions and establishments, and other related issues. Access to credit, mortgages, and banking services are expanded, including by prohibiting discrimination with respect to credit transactions on the basis of an applicant’s sexual orientation, gender identity, or location based on zip code or census tract; establishing language translation requirements for residential mortgage applications; and providing funding set-asides for minority lending institutions.

Who sponsored HR2543?

HR2543 was sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA). Cosponsors and roll-call positions are listed on this page.

What is the current status of HR2543?

As of 2022-06-21, HR2543 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs..

How did Congress vote on HR2543?

HR2543 has had 2 roll-call votes on record. The most recent: 2022-06-15 — Yea-and-Nay (Failed).

What policy area does HR2543 cover?

HR2543 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.

Where can I see all member positions on HR2543?

Each member’s vote is shown on this page, with party affiliation, state, and the official vote question. Click any member to see their full voting record.