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H.R.7247 / 118th Congress

Ensuring Diverse Leadership Act of 2024

Referred to the House Committee on Financial Services.

Official summary

Version 00 · Introduced in House · Feb 6, 2024

Ensuring Diverse Leadership Act of 2024

This bill requires that, when appointing a president, a Federal Reserve Bank must interview at least one individual reflective of gender diversity and one reflective of racial or ethnic diversity.

The bill amends numerous banking-, finance-, and trade-related acts to make references to officials (including those to the Chairman of the Board of Governors of the Federal Reserve System) gender-neutral.

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Who introduced it

Rep. Beatty, Joyce [D-OH-3] · D–OH

Committees

  • Financial Services Committee
19 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the House Committee on Financial Services.

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Sep 25, 2024. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.7247 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine H.R.7247 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine H.R.7247 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine H.R.7247 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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