ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 2543, Federal Reserve Racial and Economic Equity Act   [open pdf - 237KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Financial Services on April 21, 2021. From the Bill Summary: "H.R. 2543 would amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve and the Federal Open Market Committee to exercise their duties in a way that fosters the elimination of certain racial and ethnic disparities. CBO estimates that enacting H.R. 2543 would decrease revenues by $10 million over the 2021-2031 period."

Publisher:
Date:
2021-05-26
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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