H.R. 9767 aims to strengthen financial institutions that serve minority communities by providing additional support and resources. It establishes an Office of Diverse and Mission-Driven Community Financial Institutions within the U.S. Treasury, promotes diversity through data...
Simple Explanation
H.R. 9767 is like a big plan to help banks that support people with less money, especially in neighborhoods where lots of different people live. It wants to give these banks extra money and tools so they can help even more people start businesses and make their communities better.