Respect for Workers Act

HR 3341, the Respect for Workers Act, amends the Federal Reserve Act to change how the Board of Governors is structured. It requires that at least one Board member appointed after the bill's enactment must have demonstrated experience supporting worker rights and serve as the lead for employment policy. This change directly affects future Federal Reserve Board appointments by adding a specific qualification for one seat. The bill does not create new worker protections or alter Fed policy; it only modifies the appointment criteria for Board membership. The key mechanism is a procedural change to the Board's composition, not a substantive policy shift.