📊FHFA Seeks Comments on Diversity and Inclusion Data Collection
Proposed Collection; Comment Request
Summary
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as "Minority and Women Inclusion," which has been assigned control number 2590-0014 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on March 31, 2025.
Agencies
- Federal Housing Finance Agency
Business Impact
$$ - Med
The text outlines a requirement for federal banks to report on their diversity initiatives, impacting compliance and regulatory requirements for business practices related to inclusion. This aligns with corporate governance and operational procedures for firms involved with or alongside federal agencies.