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Keyword: financebankingbill

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  • Gender Quotas In the Financial Sector?

    07/08/2010 11:41:56 AM PDT · by Bigtigermike · 20 replies
    Real Clear Markets ^ | Thursday July 08, 2010 | Diana Furchtgott-Roth
    What one finds when reading congressional legislation is invariably surprising. Take the Dodd-Frank financial regulation bill, for instance, which was created by merging Senate and House bills. 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. I was searching the bill for a provision about derivatives. What did I find but Section 342, which declares that race and gender employment ratios, if not quotas, must be observed by private financial institutions that do business with the government. In a major power grab, the new...