# 116-hr-8566: To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to carry out a study on the racial gap in stock ownership, and for other purposes.

116-hr-8566, To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to carry out a study on the racial gap in stock ownership, and for other purposes., is a 116th Congress bill sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8566
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8566
- Congress: 116
- Title: To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to carry out a study on the racial gap in stock ownership, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-10-09
- Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (D-NY)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill requires the Federal Reserve Board and the Securities and Exchange Commission to jointly report on the racial gap in stock ownership and to provide recommendations for legislative or administrative changes to raise stock ownership among African Americans and any other group less likely to own stocks.

## Cosponsors (2)

- Rep. Lawson, Al, Jr. [D-FL-5] (D-FL), 2020-10-09T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2020-10-09T00:00:00.000Z

## Related bills

- 116-hr-8352: Jobs and Justice Act of 2020
- 116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act
- 116-hr-7946: Federal Reserve Racial and Economic Equity Act
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7092: Great American Outdoors Act
- 116-hr-6902: Black History is American History Act

## Sources
- [116-hr-8566 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8566)

## Related
- [116-hr-8352: Jobs and Justice Act of 2020](https://policyrisk.com/legislation/116-hr-8352)
- [116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act](https://policyrisk.com/legislation/116-hr-7993)
- [116-hr-7946: Federal Reserve Racial and Economic Equity Act](https://policyrisk.com/legislation/116-hr-7946)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7092: Great American Outdoors Act](https://policyrisk.com/legislation/116-hr-7092)
- [116-hr-6902: Black History is American History Act](https://policyrisk.com/legislation/116-hr-6902)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8566 (as of 2025-11-18).