"We need to change it and we need to change it right away. The excuse that we can’t find any, that’s what I’m hearing from some of you, that’s not acceptable," Rep. Al Green, D-Texas, said at a Wednesday hearing held by the subcommittee. "When you have power, you have to use it. We have the power. Regulations may be the thing to do. I think the carrot was a good idea, but after having heard some things today, I think we have to move to the stick, that’s regulations.”
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Specifically, the new category looks at whether depository institutions have policies to "encourage diversity and inclusion" in hiring practices; whether they train employees on diversity and inclusion; and whether they have a "Diversity and Inclusion officer" who reports to the CEO.
Any "equivalent rating by any such agency under a comparable rating system" should also have a diversity score, the bill states.
https://www.foxnews.com/politics/ho...iversity-index-to-banks-key-financial-metrics
NO You do not you arrogant bastard
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Specifically, the new category looks at whether depository institutions have policies to "encourage diversity and inclusion" in hiring practices; whether they train employees on diversity and inclusion; and whether they have a "Diversity and Inclusion officer" who reports to the CEO.
Any "equivalent rating by any such agency under a comparable rating system" should also have a diversity score, the bill states.
https://www.foxnews.com/politics/ho...iversity-index-to-banks-key-financial-metrics
NO You do not you arrogant bastard