,i #aafth ,,congress #b;d ,session ,h4 ,r4 #hafj ,,in ,,the ,,house ,,of ,,representatives ,september #d1 #bjbj,mr4 ,green of ,texas 7for himself and ,ms4 ,waters7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to amend the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act to require ,federal banking regulators to include a diversity and inclusion component in the ,uniform ,financial ,institutions ,rating ,system1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,promoting ,diversity and ,inclusion in ,banking ,act of #bjbj4 #b4 ,diversity and inclusion ratings 7a7 ,in general ,the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja et seq47 is amended by inserting after section #cdb the following3 #cdb;,a4 ,diversity and inclusion ratings 7a7 ,in general ,the ,board of ,governors1 the ,comptroller of the ,currency1 the ,corporation1 and the ,national ,credit ,union ,administration ,board1 in assigning a rating to a depository institution under the ,uniform ,financial ,institutions ,rating ,system 7or an equivalent rating by any such agency under a comparable rating system7 shall include a diversity and inclusion component that examines-- 7#a7 whether the depository institution has policies in place to encourage diversity and inclusion in the hiring practices of the institution2 7#b7 whether the depository institution provides training to the employees of the institution on diversity and inclusion2 and 7#c7 7,a7 with respect to a depository institution with total consolidated assets of #a1jjj1jjj1jjj or less1 whether such depository institution has designated an individual to serve as a ,diversity and ,inclusion ,officer who reports to the ,chief ,executive ,officer of the institution on all diversity and inclusion matters2 or 7,b7 with respect to a depository institution with total consolidated assets of more than #a1jjj1jjj1jjj1 whether such depository institution-- 7i7 has designated an individual to serve as a ,diversity and ,inclusion ,officer2 and 7ii7 has established a committee for diversity and inclusion that holds meetings quarterly and that includes in its membership the ,diversity and ,inclusion ,officer designated under clause 7i7 and the ,chief ,executive ,officer of the institution4 7b7 ,application to minority depository institutions ,in carrying out subsection 7a7 with respect to a minority depository institution 7as defined under section #cjh7;b7 of the ,financial ,institutions ,reform1 ,recovery1 and ,enforcement ,act of #aihi71 the ,board of ,governors1 the ,comptroller of the ,currency1 the ,corporation1 and the ,national ,credit ,union ,administration ,board shall-- 7#a7 assign such institution the highest rating with respect to the diversity and inclusion component described under subsection 7a72 and 7#b7 exempt such institution from any examination procedures related to the diversity and inclusion component described under subsection 7a74 4 7b7 ,clerical amendment ,the table of contents for the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act is amended by inserting after the item relating to section #cdb the following3 ,sec4 #cdb;,a4 ,diversity and inclusion ratings4 4