Report

Report to the Congress on the Office of Minority and Women Inclusion, March 2017


Abstract: The Board of Governors of the Federal Reserve System (Board) is responsible for implementing numerous provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). The Dodd-Frank Act requires, among other things, that the Board produce reports to Congress on a number of topics. As required by the Dodd-Frank Act, the OMWI submits an annual report to the Congress outlining its activities, successes, and challenges. This is the Board’s OMWI report for calendar-year 2016. Each of the Federal Reserve Banks also submits a separate report to the Congress summarizing its OMWI efforts and achievements. The next sections of this report highlight the Board’s progress in four key areas: equal employment of minorities and women at the Board; inclusion of minority-owned and women-owned businesses in the Board’s acquisition process; financial literacy activities aimed at minorities and women; and assessment of the diversity policies and practices of regulated entities.

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: Reports and Studies

Publication Date: 2017