H.R. 10283, titled the "Diversity Data Accountability Act," aims to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act. This bill requires entities regulated under Dodd-Frank to provide necessary information to the Offices of Women and Minority Inclusion. The...
Simple Explanation
The bill wants companies who are already being watched by special financial rules to share important information so that offices focusing on helping women and minority groups can do their jobs better. But there are worries about how much information should be shared and how it will be used.