Too Narrow to Succeed Act
Summary
Too Narrow to Succeed Act This bill requires federal institutional investors to report on their use of diverse-owned asset management firms. Additionally, the Department of Labor must conduct a survey of public- and private-sector pension plans regarding best practices for increasing the utilization and capacity of diverse-owned asset management firms.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2022
Committee Review
Floor Vote
President
Introduced Apr 27, 2022
Last action Apr 27, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 27, 2022
Committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
upper
Apr 27, 2022
Introduced
Introduced in Senate
upper
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tim Kaine
DDemocratic
Co
Cory A. Booker
DDemocratic
Co
Mark R. Warner
DDemocratic
Co
Patty Murray
DDemocratic
Co
Robert Menendez
DDemocratic
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