Task the Board of Governors of the Federal Reserve with conducting its work in way that fosters the elimination of racial and ethnic disparities in certain financial and economic areas
Require the inclusion of discussion of racial disparities and efforts to reduce them in semi-annual Congressional testimony and report
Estimated budgetary effects would mainly stem from
Additional operating costs for the Federal Reserve, resulting in lower remittances from the Federal Reserve to the Treasury, which are recorded as revenues
Areas of significant uncertainty include
Anticipating the extent to which new hiring or other costs would be incurred
