The bill H.R. 8933, referred to as the “Original Securities and Exchange Atonement Act of 2024,” seeks to amend the Securities Act of 1933 to require companies with over 100 employees or a capitalization of at least $300 million to conduct a racial equity audit every two...
Simple Explanation
The bill wants big companies to check if they're being fair every two years and help people whose ancestors were slaves by sharing money. If companies don't follow the rules, they have to pay big fines.