News | 01.02.19
House Democrats to Push for More Diversity in Top Corporate Ranks
Rep. Maxine Waters (D-CA), chair the House Financial Services Committee, is planning to use her new power to push for more women and minorities in the top ranks of corporate America. Waters has proposed creating a subcommittee focused on diversity and inclusion. She has said promoting diversity in financial services is one of the top priorities on her consumer-focused agenda and has warned that financial regulatory agencies are also “seriously challenged” when it comes to the issue. Senior members of her committee are preparing to introduce bills to force companies to disclose the gender and racial makeup of their boards.
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