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

Subcommittee on Diversity and Inclusion (Committee on Financial Services)

Thursday, December 9, 2021 (11:00 AM)

2128 RHOB
Washington, D.C.
Hybrid Hearing

Witnesses

Ms. Michelle Gadsden-Williams
Managing Director, Human Resources, Global Head of Diversity, Equity and Inclusion, BlackRock

Added 12/08/2021 at 12:25 PM
  • Written Testimony [PDF] Added 12/08/2021 at 12:25 PM
  • Truth and Testimony [PDF] Added 12/08/2021 at 12:25 PM

Mr. Eric Pan
President and CEO, Investment Company Institute

Added 12/08/2021 at 12:25 PM
  • Written Testimony [PDF] Added 12/08/2021 at 12:25 PM
  • Truth and Testimony [PDF] Added 12/08/2021 at 12:25 PM

Mr. Ron Parker
President and CEO, National Association of Securities Professionals (NASP)

Added 12/08/2021 at 12:25 PM
  • Truth and Testimony [PDF] Added 12/09/2021 at 01:57 PM
  • Written Testimony [PDF] Added 12/08/2021 at 12:59 PM

Mr. Cyrus Taraporevala
President and CEO, State Street Global Advisors

Added 12/08/2021 at 12:25 PM
  • Written Testimony [PDF] Added 12/08/2021 at 12:25 PM
  • Truth and Testimony [PDF] Added 12/08/2021 at 04:38 PM

Mr. Michael Clements
Director, Financial Markets and Community Investment, Government Accountability Office

Added 12/08/2021 at 12:25 PM
  • Written Testimony [PDF] Added 12/08/2021 at 05:39 PM

Text of Legislation

  • H.R. 1277, Improving Corporate Governance Through Diversity Act of 2021 [PDF]
  • H.R. ____, a draft bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to require certain pay equity audits, and for other purposes [PDF]
  • H.R. ____, a draft bill to amend the Securities Exchange Act of 1934 to require issuers to report information relating to gender and racial pay equity, and for other purposes [PDF]
  • H.R.2123, Diversity and Inclusion Data Accountability and Transparency Act [PDF]
  • H.R.___, Diverse Investment Advisers Act [PDF]

Support Documents

  • Hearing Notice [PDF]
  • Hearing Memo [PDF]
  • DIVERSITY AND INCLUSION: HOLDING AMERICA’S LARGEST INVESTMENT FIRMS ACCOUNTABLE Report [PDF] Added 12/06/2021 at 11:14 PM

First Published: December 6, 2021 at 10:57 PM
Last Updated: December 9, 2021 at 01:57 PM