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Financial institution diversity in House subcommittees sights
WASHINGTON (2/4/07)--The House subcommittee on oversight and investigations, has announced a hearing Thursday on diversity in the financial services industry. The hearing will focus on the employment, retention and promotion of minorities and women at all levels in the financial services sector, according to announcement from the subcommittee’s chairman, Rep. Melvin Watt (D-N.C.). Watt said witnesses would include representatives from the Equal Employment Opportunity Commission (EEOC), financial industry representatives and non-governmental organizations that monitor workplace diversity. The subcommittee will be investigating best practices for expanding the presence of women and minorities in the financial services industry and economic benefits that may result from diversity. “This hearing will examine workplace diversity in the financial services industry. I look forward to hearing from the Equal Employment Opportunity Commission (EEOC), industry representatives and non-governmental organizations that monitor workplace diversity about best practices for expanding the presence of women and minorities in the financial services industry and about the economic benefits that result from diversity.”


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