,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #fe  ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$
 ,,/ates  ,janu>y #i1 #bjai,ms4 ,h>ris  
7= h]self1 ,ms4 ,w>r51 ,mrs4 ,gillibr&1 
,mr4 ,book]1 & ,mrs4 ,fe9/e97 introduc$ 
! foll[+ bill2 :i* 0 read twice & ref]r$
 to ! ,committee on ,bank+1 ,h\s+1 &    
,urban ,affairs  ,a ,,bill  ,to am5d !  
,f$]al ,res]ve ,act to require ,f$]al   
,res]ve banks to int]view at lea/ "o    
individual reflective ( g5d] div]sity & 
"o individual reflective ( racial or    
e?nic div]sity :5 appo9t+ ,f$]al ,res]ve
 bank presid5ts1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,ensur+ ,div]se ,lead]%ip ,act ( #bjai4 
#b4 ,congressional ,f9d+s ,! ,congress  
f9ds t--  7#a7 :ile significant progress
 has occurr$ due to ! antidiscrim9ation 
am5dm5ts to ! ,f$]al ,res]ve ,act1      
b>ri]s cont9ue to pose significant      
ob/acles = c&idates reflective ( g5d]   
div]sity & racial or e?nic div]sity =   
,f$]al ,res]ve bank presid5t positions 9
 ! ,f$]al ,res]ve ,sy/em2  7#b7 !       

cont9u+ b>ri]s describ$ 9 p>agraph 7#a7 
m]it ! foll[+ am5dm5t2  7#c7 ,congress  
has receiv$ & review$ te/imony &        
docum5tation ( ! hi/orical lack ( g5d]1 
racial1 & e?nic div]sity f num]\s       
s\rces1 includ+ congressional he>+s1    
sci5tific reports1 reports issu$ by     
public & private ag5cies1 news /ories1 &
 reports ( relat$ b>ri]s by             
organizations & individuals1 :i* %[ t   
race-1 e?nicity-1 & g5d]-neutral ef=ts  
alone are insuffici5t to address !      
problem2  7#d7 ! te/imony & docum5tation
 describ$ 9 p>agraph 7#c7 demon/rate t  
b>ri]s across ! ,unit$ ,/ates prove     
problematic = full & fair p>ticipation 9
 develop+ monet>y policy by individuals 
reflective ( g5d] div]sity & racial or  
e?nic div]sity2 &  7#e7 ! te/imony &    
docum5tation describ$ 9 p>agraph 7#c7   
provide a /rong basis t !re is a        
compell+ ne$ = ! bel[ am5dm5t to address
 ! hi/orical lack ( g5d]1 racial1 &     
e?nic div]sity 9 ! ,f$]al ,res]ve       
regional bank presid5ts selection       

process 9 ! ,f$]al ,res]ve ,sy/em4  #c4 
,f$]al res]ve bank presid5ts ,!         
provision designat$ fif? ( ! f\r?       
undesignat$ p>agraph ( section #d ( !   
,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #cda7
 is am5d$ by ins]t+ aft] employees4 !   
foll[+3 ,9 mak+ ! appo9tm5t ( a         
presid5t1 ! bank %all int]view at lea/  
"o individual reflective ( g5d] div]sity
 & "o individual reflective ( racial or 
e?nic div]sity4 ,n lat] ?an ,janu>y #a (
 ea* ye>1 ! bank %all submit to !       
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate1 ! ,committee on    
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives1 & ! ,(fice ( ,inspector
 ,g5]al = ! ,bo>d ( ,gov]nors ( ! ,f$]al
 ,res]ve ,sy/em & ! ,consum] ,f9ancial  
,protection ,bureau a report describ+ ! 
applicant pool demographic = ! prec$+   
fiscal ye>44  #d4 ,te*nical adju/m5ts   
7a7 ,am]ican ,competitiv5ess & ,work=ce 
,improvem5t ,act ( #aiih ,section       
#dah7;b7 ( ! ,am]ican ,competitiv5ess & 
,work=ce ,improvem5t ,act ( #aiih 7#h   

,u4,s4,c4 #aahd note7 is am5d$ by /rik+ 
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors4  7b7       
,bretton ,woods ,agreem5ts ,act ,!      
,bretton ,woods ,agreem5ts ,act 7#bb    
,u4,s4,c4 #bhf et seq47 is am5d$-- 7#a7 
9 section #d7;a71 by /rik+ ,*airman ( ! 
,bo>d ( ,gov]nors & ins]t+ ,*air ( !    
,bo>d ( ,gov]nors2 &  7#b7 9 section    
#de7;a77#a71 by /rik+ *airman ( ! bo>d (
 ,gov]nors & ins]t+ ,*air ( ! ,bo>d (   
,gov]nors4  7c7 ,dodd-,frank ,wall      
,/reet ,re=m & ,consum] ,protection ,act
 ,! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecja et seq47 is am5d$ by /rik+       
,*airman ( ! ,bo>d ea* place su* t]m    
appe>s & ins]t+ ,*air ( ! ,bo>d4  7d7   
,em]g5cy ,economic ,/abilization ,act ( 
#bjjh ,! ,em]g5cy ,economic             
,/abilization ,act ( #bjjh 7#ab         
,u4,s4,c4 #ebja et seq47 is am5d$ by    
/rik+ ,*airman ( ! ,bo>d ea* place su*  
t]m appe>s & ins]t+ ,*air ( ! ,bo>d4    
7e7 ,em]g5cy ,loan ,gu>antee ,act       

,section #b ( ! ,em]g5cy ,loan ,gu>antee
 ,act 7#ae ,u4,s4,c4 #ahda7 is am5d$ by 
/rik+ ,*airman ( ! ,bo>d ( ,gov]nors &  
ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4  7f7
 ,em]g5cy ,/eel ,loan ,gu>antee &       
,em]g5cy ,oil & ,gas ,act ( #aiii ,!    
,em]g5cy ,/eel ,loan ,gu>antee &        
,em]g5cy ,oil & ,gas ,act ( #aiii 7#ae  
,u4,s4,c4 #ahda note7 is am5d$--  7#a7 9
 section #aja7;e77#b7-- 7,a7 by /rik+   
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors2 &  7,b7 by 
/rik+ ,*airman1 & ins]t+ ,*air12 &  7#b7
 9 section #bja7;d77#b77;,b7--  7,a7 by 
/rik+ ,*airman ( ! ,bo>d ( ,gov]nors &  
ins]t+ ,*air ( ! ,bo>d ( ,gov]nors2 &   
7,b7 by /rik+ ,*airman1 & ins]t+ ,*air14
  7g7 ,f>m ,cr$it ,act ( #aiga ,section 
#d4i7;d77#a77;,c7 ( ! ,f>m ,cr$it ,act (
 #aiga 7#ab ,u4,s4,c4                   
#bafj7;d77#a77;,c77 is am5d$ by /rik+   
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors4  7h7 ,f$]al
 ,deposit ,insurance ,act ,! ,f$]al     
,deposit ,insurance ,act 7#ab ,u4,s4,c4 

#ahaa et seq47 is am5d$ by /rik+        
,*airman ( ! ,bo>d ( ,gov]nors ea* place
 su* t]m appe>s & ins]t+ ,*air ( ! ,bo>d
 ( ,gov]nors4  7i7 ,f$]al ,res]ve ,act  
,! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4   
#bbf et seq47 is am5d$--  7#a7 by /rik+ 
*airman ea* place su* t]m appe>s &      
ins]t+ *air2  7#b7 by /rik+ ,*airman ea*
 place su* t]m appe>s o!r ?an 9 section 
#aa7r77#b77;,b7 & ins]t+ ,*air2  7#c7 9 
section #b1 9 ! six? undesignat$        
p>agraph-- 7,a7 9 ! second s5t5ce1 by   
/rik+ 8 & ins]t+ ! ,comptroll] ( !      
,curr5cy's2 &  7,b7 9 ! ?ird s5t5ce1 by 
/rik+ 8 & ins]t+ ! director's2  7#d7 9  
section #d--  7,a7 9 ! ?ird undesignat$ 
p>agraph1 by /rik+ 8 (fice & ins]t+ !   
,(fice ( ! ,comptroll] ( ! ,curr5cy2    
7,b7 9 ! f\r? undesignat$ p>agraph1 9 ! 
provision designat$ fif?1 by /rik+ 8 &  
ins]t+ ! p]son's2  7,c7 9 ! eigh?       
undesignat$ p>agraph1 by /rik+ 8 &      
ins]t+ ! *air's2  7,d7 9 ! sev5te5?     
undesignat$ p>agraph--  7i7 by /rik+ 8 &
 ins]t+ ! (fic]'s2 &  7ii7 by /rik+ he &

 ins]t+ ! individual2  7,e7 9 ! tw5tie? 
undesignat$ p>agraph-- 7i7 by /rik+ ,he 
ea* place su* t]m appe>s & ins]t+ ,!    
*air2  7ii7 9 ! ?ird s5t5ce-- 7,i7 by   
/rik+ 8 & ins]t+ !2 &  7,,ii7 by /rik+  
he & ins]t+ a comma2 &  7iii7 9 ! fif?  
s5t5ce1 by /rik+ he & ins]t+ ! *air2 &  
7,f7 9 ! tw5ty-fir/ undesignat$         
p>agraph1 by /rik+ 8 ea* place su* t]m  
appe>s & ins]t+ ! ag5t's2  7#e7 9       
section #f1 9 ! second undesignat$      
p>agraph1 by /rik+ he & ins]t+ !        
,comptroll] ( ! ,curr5cy2  7#f7 9       
section #i;,a7c77#b77;,c71 by /rik+ he &
 ins]t+ ! p>ticipant2  7#g7 9 section   
#aj--  7,a7 by /rik+ he ea* place su*   
t]m appe>s & ins]t+ ! memb]2  7,b7 9 !  
second undesignat$ p>agraph1 by /rik+ 8 
& ins]t+ ! memb]'s2 &  7,c7 9 ! f\r?    
undesignat$ p>agraph-- 7i7 9 ! second   
s5t5ce1 by /rik+ 8 & ins]t+ ! *air's2   
7ii7 9 ! fif? s5t5ce1 by /rik+ 8 &      
ins]t+ ! memb]'s2 &  7iii7 9 ! six?     
s5t5ce1 by /rik+ 8 & ins]t+ ! memb]'s2  
7#h7 9 section #ab1 by /rik+ 8 & ins]t+ 

! memb]'s2  7#i7 9 section #ac1 9 !     
elev5? undesignat$ p>agraph1 by /rik+ 8 
& ins]t+ ! assur$'s2  7#aj7 9 section   
#af-- 7,a7 by /rik+ he ea* place su* t]m
 appe>s & ins]t+ ! ag5t2  7,b7 9 ! sev5?
 undesignat$ p>agraph-- 7i7 by /rik+ 8 &
 ins]t+ ! ag5t's2 &  7ii7 by /rik+      
himself & ins]t+ ! ag5t2  7,c7 9 ! t5?  
undesignat$ p>agraph1 by /rik+ 8 &      
ins]t+ ! ,secret>y's2 &  7,d7 9 !       
fifte5? undesignat$ p>agraph1 by /rik+ 8
 & ins]t+ ! ag5t's2  7#aa7 9 section    
#ah1 9 ! eigh? undesignat$ p>agraph1 by 
/rik+ he & ins]t+ ! ,secret>y ( !       
,treasury2  7#ab7 9 section #bb-- 7,a7 9
 subsection 7f71 by /rik+ 8 & ins]t+ !  
director's or (fic]'s2 &  7,b7 9        
subsection 7g7-- 7i7 9 p>agraph         
7#a77;,d7--  7,i7 by /rik+ him & ins]t+ 
! (fic]2 &  7,,ii7 by /rik+ he & ins]t+ 
! (fic]2 &  7ii7 9 p>agraph 7#b77;,a71  
by /rik+ him z 8 & ins]t+ ! (fic] z !   
(fic]'s2 &  7#ac7 9 section #be;,a--    
7,a7 9 ! twelf? undesignat$ p>agraph--  
7i7 by /rik+ he ea* place su* t]m appe>s

 & ins]t+ ! memb]2 &  7ii7 by /rik+ 8 & 
ins]t+ ! memb]'s2  7,b7 9 ! f\rte5?     
undesignat$ p>agraph1 by /rik+ 8 &      
ins]t+ ! director's or (fic]'s2 &  7,c7 
9 ! tw5ty-second undesignat$ p>agraph1  
by /rik+ 8 ea* place su* t]m appe>s &   
ins]t+ su* individual's4  7j7 ,f$]al    
,res]ve ,re=m ,act ( #aigg ,section     
#bjd7;b7 ( ! ,f$]al ,res]ve ,re=m ,act (
 #aigg 7#ab ,u4,s4,c4 #bdb note7 is     
am5d$ by /rik+ ,*airman or ,vice        
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air or ,vice ,*air ( ! ,bo>d (        
,gov]nors4  7k7 ,f9ancial ,in/itutions  
,re=m1 ,recov]y1 & ,en=cem5t ,act (     
#aihi ,! ,f9ancial ,in/itutions ,re=m1  
,recov]y1 & ,en=cem5t ,act ( #aihi is   
am5d$-- 7#a7 9 section #cjh 7#ab        
,u4,s4,c4 #adfc note7--  7,a7 9         
subsection 7a71 by /rik+ ,*airman ( !   
,bo>d ( ,gov]nors & ins]t+ ,*air ( !    
,bo>d ( ,gov]nors2 &  7,b7 9 subsection 
7c71 by /rik+ ,*airman ( ! ,bo>d (      
,gov]nors & ins]t+ ,*air ( ! ,bo>d (    
,gov]nors2  7#b7 9 section #ajja7;a7    

7#ab ,u4,s4,c4 #ahaa note71 by /rik+    
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors2 &  7#c7 9  
section #abje7;b77#a77;,a7 7#ab         
,u4,s4,c4 #ahah note7--  7,a7 by /rik+  
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors2 &  7,b7 by 
/rik+ ,*airman's & ins]t+ ,*air's4  7l7 
,food1 ,cons]vation1 & ,en]gy ,act (    
#bjjh ,section #acajf7;a7 ( ! ,food1    
,cons]vation1 & ,en]gy ,act ( #bjjh 7#g 
,u4,s4,c4 #b note7 is am5d$ by /rik+    
,*airman ( ! ,bo>d ( ,gov]nors & ins]t+ 
,*air ( ! ,bo>d ( ,gov]nors4  7m7 ,h\s+ 
& ,community ,developm5t ,act ( #aiib   
,section #acac7;a77#c7 ( ! ,h\s+ &      
,community ,developm5t ,act ( #aiib 7#ab
 ,u4,s4,c4 #deac7;a77#c77 is am5d$--    
7#a7 9 ! head+1 by /rik+ *airman &      
ins]t+ *air2  7#b7 by /rik+ ,*airman ( !
 ,bo>d ( ,gov]nors ea* place su* t]m    
appe>s & ins]t+ ,*air ( ! ,bo>d (       
,gov]nors2 &  7#c7 by /rik+ ,*airman    
reg>d+ & ins]t+ ,*air reg>d+4  7n7      
,inspector ,g5]al ,act ( #aigh ,section 

#h;,g ( ! ,inspector ,g5]al ,act ( #aigh
 is am5d$ by /rik+ ,*airman ( ! ,bo>d ( 
,gov]nors ea* place su* t]m appe>s &    
ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4  7o7
 ,int]national ,l5d+ ,sup]vision ,act ( 
#aihc ,section #ijh7;b77#c77;,c7 ( !    
,int]national ,l5d+ ,sup]vision ,act (  
#aihc 7#ab ,u4,s4,c4 #cijg7;b77#c77;,c77
 is am5d$ by /rik+ ,*airman ( ! ,bo>d ( 
,gov]nors & ins]t+ ,*air ( ! ,bo>d (    
,gov]nors4  7p7 ,neighborhood ,re9ve/m5t
 ,corporation ,act ,section #fjd7;a77#c7
 ( ! ,neighborhood ,re9ve/m5t           
,corporation ,act 7#db ,u4,s4,c4        
#hajc7;a77#c77 is am5d$ by /rik+        
,*airman ea* place x appe>s & ins]t+    
,*air4  7q7 ,public ,law #ic-die        
,section #bjb7;a77#a7 ( ,public ,law    
#ic-die 7#ab ,u4,s4,c4 #bdjb7;a77#a77 is
 am5d$-- 7#a7 by /rik+ ,*airman ( !     
,bo>d ( ,gov]nors & ins]t+ ,*air ( !    
,bo>d ( ,gov]nors2 &  7#b7 by /rik+ 8 & 
ins]t+ ! ,*air's4  7r7 ,s>banes-,oxley  
,act ( #bjjb ,section #aja7;e77#d77;,a7 
( ! ,s>banes-,oxley ,act ( #bjjb 7#ae   

,u4,s4,c4 #gbaa7;e77#d77;,a77 is am5d$  
by /rik+ ,*airman ( ! ,bo>d ( ,gov]nors 
& ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4   
7s7 ,securities ,ex*ange ,act ( #aicd   
,section #ag;,a7f77#d77;,c7 ( !         
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #ghq-#a7;f77#d77;,c77 is am5d$
 by /rik+ ,*airman ( ! ,bo>d ( ,gov]nors
 & ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4  
7t7 ,title #ca ,title #ca1 ,unit$ ,/ates
 ,code1 is am5d$-- 7#a7 9 section       
#acdd7;b77#g71 by /rik+ ,*airman ( !    
,bo>d ( ,gov]nors & ins]t+ ,*air ( !    
,bo>d ( ,gov]nors2 &  7#b7 9 section    
#ecah;,a1 by /rik+ ,*airman ( ! ,bo>d ( 
,gov]nors ea* place su* t]m appe>s &    
ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4  7u7
 ,trade ,act ( #aigd ,section           
#afc7;b77#c7 ( ! ,trade ,act ( #aigd    
7#ai ,u4,s4,c4 #bbac7;b77#c77 is am5d$  
by /rik+ ,*airman ( ! ,bo>d ( ,gov]nors 
& ins]t+ ,*air ( ! ,bo>d ( ,gov]nors4   
7v7 ,deem+ ( "n ,any ref]5ce 9 a law1   
regulation1 docum5t1 pap]1 or o!r record
 ( ! ,unit$ ,/ates to ! ,*airman ( !    

,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    
,sy/em %all be deem$ to be a ref]5ce to 
! ,*air ( ! ,bo>d ( ,gov]nors ( ! ,f$]al
 ,res]ve ,sy/em4