
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.
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
Filter by Yea, Nay, or Absent
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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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.
HR2543 was sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA). Cosponsors and roll-call positions are listed on this page.
As of 2022-06-21, HR2543 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs..
HR2543 has had 2 roll-call votes on record. The most recent: 2022-06-15 — Yea-and-Nay (Failed).
HR2543 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.
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.