Date: January 10, 2024
Subject: Small Business Lending Under the Equal Credit Opportunity Act
Description: This motion by Kennedy (R-LA) is to override Biden's veto of a Congressional Review Act resolution which cancelled a DEI rule to require small businesses to monitor how many are women-owned, minority-owned and any other requirements under the Equal Credit Opportunity Act of 1974. That Biden-supported DEI rule is enforced by the Consumer Financial Protection Bureau. CPAC opposes DEI and supported this effort to override Biden's veto of the Congressional Review Act resolution.
Result: Veto Sustained, 54-45
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