Emanuel Cleaver tweeted the following:
"Today, Im proud to announce the introduction of the Endowment Transparency Actlegislation that will bring more transparency to college and university endowment funds and incentivize greater opportunity for women & minority asset managers.More here:cleaver.house.gov/media-center/p"Read on Twitter
Here are other recent tweets from Emanuel Cleaver:
"In 2021, the @knightfdn released a report showing that only 1.4% of assets in the $82 trillion asset management industry were managed by firms owned by women and/or minorities.In the 21st century, that is completely unacceptable.knightfoundation.org/press/releases"Read on Twitter"Read on Twitter
"Considering college & university endowments account for more than $821B in assets and are subsidized by the federal government via tax exemptions, @joekennedy & I surveyed 25 schools with the largest endowments to track the diversity of their managers.cleaver.house.gov/media-center/p"Read on Twitter"Read on Twitter
"Charlie Wheeler was my dear friend, an important mentor, and the most visionary Mayor in the history of our great city.We all owe him heartfelt gratitude for his public service. May his memory be a blessing.cleaver.house.gov/media-center/p"Read on Twitter
Alerts Sign-up