When the Senate returns from recess one of its first actions will be to vote on the bill, which passed the House on June 30.
From the article
The Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the 12 Federal Reserve regional banks, the Board of Governors of the Fed, the National Credit Union Administration, the Comptroller of the Currency, the Securities and Exchange Commission, the new Consumer Financial Protection Bureau...all would get their own Office of Minority and Women Inclusion.
Each office would have its own director and staff to develop policies promoting equal employment opportunities and racial, ethnic, and gender diversity of not just the agency's workforce, but also the workforces of its contractors and sub-contractors.
What would be the mission of this new corps of Federal monitors? The Dodd-Frank bill sets it forth succinctly and simply - all too simply. The mission, it says, is to assure "to the maximum extent possible the fair inclusion" of women and minorities, individually and through businesses they own, in the activities of the agencies, including contracting.
Just what will the bill to the taxpayers be for the six-figure salaries of these gubbmint employees? And how many of THESE will be non-minority women?
On the other hand, though Wall Street is low on African Americans, they’re open to all races and nationalities on a merit basis. Business is so global they need people from all over the world.