Federal Reserve Board: H.2 Release for Week Ending October 31, 2015; Rep. Maxine Waters Issues Report on Diversity at Fed. Financial Agencies, Incl. the Board

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday.

Separately, and also on November 5, 2015, Representative Maxine Waters (D-Calif.), Ranking Member of the House Committee on Financial Services, and the Tri-Caucus, issued a report, “The Dodd-Frank Act Five Years Later: Diversity in the Financial Services Agencies.” In addition, the Committee Democrats issued a letter, with the report, to the agency heads, requesting a response by December 7, 2015.

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Federal Reserve Board: H.2 Release for Week Ending November 21, 2015; A Brief Comment on Diversity Practices of the Board

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday.

Separately, the Board publishes a confounding table for its EEO-1 report and purports to be an inclusive and diverse workforce. However, the results of the report by Representative Maxine Waters (D-Calif.) (Waters report) and of the Board’s own Inspector General, shows that the current Board practices have exclusive and non-diverse outcomes.

Federal Reserve Board: H.2 Release for Week Ending November 7, 2015; Background on the Board’s OMWI Program

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday.

Separately, Representative Maxine Waters (D-Calif.) and other Congressional Democrats issued a report (Waters Report) about diversity within the federal financial regulatory agencies. The executive summary for the report indicated that the Board’s director for the Office of Minority and Women Inclusion (at the time of this writing the Board calls the office, the office of diversity and inclusion (or ODI)) is Ms. Sheila Clark.

Diversity and Inclusion: Congressional Democrats Deeply Disappointed with Federal Financial Regulatory Agencies Joint Statement; Statement Said to be Ambiguous, Opaque, and Weak

According to the press release, Representative Maxine Waters (D-Calif.), ranking member of the Committee and chief architect of section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), P.L. 111-203, and Representative Joyce Beatty (D-Ohio), who oversees the implementation of section 342 of Dodd-Frank, stated that they were deeply disappointed with the structure and scope of the joint statement.

The Congressional Tri-Caucus and the Federal Financial Regulatory Agencies

About this page On March 24, 2014, Representatives Maxine Waters (D-California), Al Green (D-Texas), as well as seven other members of Congress wrote a letter to the federal financial regulatory agencies (listed below) requesting a review of the agencies’ “internal operations to determine whether any personnel practices have created a discriminatory workplace or have otherwise … Continue reading The Congressional Tri-Caucus and the Federal Financial Regulatory Agencies

Federal Reserve Board

  About this page To the reader: The purpose of this website is to provide the user with information provided by the Federal Reserve Board’s (Board) website but in a collated manner. I believe that federal agencies function best with transparency and accountability. The Board website is filled with information, but while the design is … Continue reading Federal Reserve Board

Federal Reserve Board: H.2 Release for Week Ending March 12, 2016; Dems Request Update to 2013 GAO Study on Diversity in Financial Services Agencies and Industry

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday.

Dems. requested that the General Accountability Office update its 2013 report “Diversity Management: Trends and Practices in the Financial Services Industry and Agencies after the Recent Financial Crisis”

Federal Financial Regulatory Agencies: Financial Services Democrats Receive Responses from Agencies; Seek Further Action and Commitment for Measurable Results

In a previous post, I discussed the publication of a report by the U.S. House of Representatives’ Democrats (Representative Maxine Waters (D-Calif.), Representative Al Green (D-Tx.), and members of the Tri-Caucus) on the diversity and inclusion issues within the federal financial agencies. Agency Date submitted Link Comment Consumer Financial Protection Bureau December 7, 2015 http://democrats.financialservices.house.gov/uploadedfiles/2015.18.25_diversity_report_and_reforms_agency_responses_final.pdfContinue reading Federal Financial Regulatory Agencies: Financial Services Democrats Receive Responses from Agencies; Seek Further Action and Commitment for Measurable Results