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The legislation, due for a House floor vote soon, would require the Federal Reserve to promote economic opportunity and fair access to credit for racial, ethnic and other groups that have long been targets of discrimination.

United statesWhite houseDistrict of columbiaAndrew harrer bloombergMaxine watersJames mcgovernHouse financial services committeeHouse rules committeeFederal reserveAmerican bankers associationFederal reserve racialEconomic equityEconomic equity actHouse financial services committee chair maxineEqual credit opportunity actHouse rules chair james mcgovern