House Dems push legislation requiring banks to receive critical 'diversity and inclusion' rating
February 14 2020, 08:00
House Democrats are proposing that all banks and credit unions receive a new "diversity and inclusion" rating, in an unprecedented step that would fundamentally alter federal regulators' so-called CAMELS rating system that currently employs a series of metrics that solely assess the financial health of banking institutions.
House Democrats are proposing that all banks and credit unions receive a new "diversity and inclusion" rating, in an unprecedented step that would fundamentally alter federal regulators' so-called CAMELS rating system that currently employs a series of metrics that solely assess the financial health of banking institutions.
Source:
FOX News