Hearing: A Review of Diversity and Inclusion at America’s Large Banks

Subcommittee on Diversity and Inclusion (Committee on Financial Services)

Wednesday, February 12, 2020 (10:00 AM)

2128 RHOB
Washington, D.C.

Witnesses

Mr. Kenneth Bentsen Jr.
President and Chief Executive Officer, Securities Industry and Financial Markets Association (SIFMA)

Added 02/10/2020 at 12:38 PM
  • Witness Testimony [PDF] Added 02/11/2020 at 03:23 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 03:23 PM

Dr. Naomi Mercer
Senior Vice President, Diversity, Equity and Inclustion, American Bankers Association (ABA)

Added 02/10/2020 at 12:38 PM
  • Witness Testimony [PDF] Added 02/11/2020 at 03:23 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 03:23 PM

Ms. Rawan Elhalaby
Senior Economic Equity Program Manager, The Greenlining Institute

Added 02/10/2020 at 12:38 PM
  • Witness Testimony [PDF] Added 02/11/2020 at 03:23 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 03:23 PM

Mr. Joseph Vaughan
Executive Director, Corporate Diversity and Inclusion Forum

Added 02/11/2020 at 09:59 AM
  • Witness Testimony [PDF] Added 02/11/2020 at 05:24 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 05:35 PM

Mrs. Subha Barry
President, Working Mother Media

Added 02/10/2020 at 12:38 PM
  • Witness Testimony [PDF] Added 02/11/2020 at 03:23 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 05:24 PM

Dr. Gail Greenfield
Principal, Workforce Strategy and Analytics, Mercer

Added 02/10/2020 at 12:38 PM
  • Witness Testimony [PDF] Added 02/11/2020 at 03:23 PM
  • Truth in Testimony [PDF] Added 02/11/2020 at 03:23 PM

Text of Legislation

  • H.R. 5084, Improving Corporate Governance Through Diversity Act (Meeks) [PDF] Added 02/07/2020 at 11:43 PM
  • H.R. ___, Diversity Data Accountability Act [PDF] Added 02/07/2020 at 11:43 PM
  • H.R.___, Mergers and Acquisition Disclosure of Diversity and Inclusion Act (Cleaver) [PDF] Added 02/07/2020 at 11:43 PM
  • H.R.___, Promoting Diversity and Inclusion in Banking Act [PDF] Added 02/07/2020 at 11:43 PM
  • H.R.___, Diverse Investment Advisers Act (Beatty) [PDF] Added 02/07/2020 at 11:43 PM

Support Documents

  • Hearing Notice [PDF]
  • Hearing Memo [PDF] Added 02/07/2020 at 11:43 PM Updated 02/10/2020 at 12:38 PM
    Witness added
    Updated 02/11/2020 at 03:23 PM
    Witness added
  • Bank Diversity Data Report [PDF] Added 02/07/2020 at 11:43 PM Updated 02/11/2020 at 06:15 PM
    Technical edits have been made to the report as follows: Table 2: Deutsche Bank and Huntington data added. Table 5: BBVA, Discover, Huntington and Key Bank added to “provided pay equity data” section. Table 6: Banks that reported that they were not in a line of business or internally manage their funds have been noted, as appropriate.

First Published: February 5, 2020 at 11:54 AM
Last Updated: February 11, 2020 at 07:15 PM