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II
117TH CONGRESS
1ST SESSION
S. 1474
To reaffirm the importance of workers.
IN THE SENATE OF THE UNITED STATES
APRIL 29, 2021
Mr. REED (for himself, Ms. WARREN, Mr. BROWN, Mr. VAN HOLLEN, and
Mrs. GILLIBRAND) introduced the following bill; which was read twice
and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To reaffirm the importance of workers.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Respect for Workers
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Act’’.
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SEC. 2. BOARD OF GOVERNORS OF THE FEDERAL RESERVE
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SYSTEM.
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The Federal Reserve Act (12 U.S.C. 221 et seq.) is
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amended—
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•S 1474 IS
(1) in section 2B(b) (12 U.S.C. 225b(b)), by in-
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serting ‘‘and distributional effect’’ after ‘‘conduct’’;
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and
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(2) in section 10 (12 U.S.C. 241), in the third
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sentence of the first undesignated paragraph, by in-
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serting ‘‘and at least 1 member with demonstrated
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primary experience in supporting or protecting the
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rights of workers, who shall be the lead member of
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the Board in charge of promoting effectively and de-
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veloping policy recommendations for the Board to
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meet the goal of maximum employment described in
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section 2A’’ before the period at the end.
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SEC. 3. APPLICABILITY.
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The amendment made by section 1(2) shall apply to
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any appointment to the Board of Governors of the Federal
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Reserve System made on or after the date of enactment
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of this Act.
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Æ
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