12 U.S.C. § 1833e — Equal opportunity

(a) In general for this Act, Executive Order Numbered 11478, providing for equal employment opportunity in the Federal Government, must apply to—

(1) the Comptroller of the Currency;

(2) the Federal Housing Finance Agency; and

(3) the Federal Deposit Insurance Corporation.

(b) Affirmative program for equal employment opportunity for this Act, sections 1 and 2 of Executive Order Numbered 11478, providing for the adoption and implementation of equal employment opportunity, must apply to the Federal Home Loan Banks, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation.

(c) Solicitation of contracts The Federal Deposit Insurance Corporation, the Comptroller of the Currency, and the Federal Housing Finance Agency, must each prescribe regulations to establish and oversee a minority outreach program within each that agency to ensure inclusion, to the maximum extent possible, of minorities and women, and entities owned by minorities and women, including financial institutions, investment banking firms, underwriters, accountants, and providers of legal services, in all contracts entered into by the agency with that persons or entities, public and private, in order to manage the institutions and their assets for which the agency is responsible or to perform that other functions authorized under any law applicable to that agency.

(d) Report to Congress Before the end of the 180-day period beginning on August 9, 1989 —

(1) the Federal Deposit Insurance Corporation;

(2) the Comptroller of the Currency;

(3) the Federal Housing Finance Board;

(4) the Federal Home Loan Mortgage Corporation; and

(5) the Federal National Mortgage Association, must each submit to the Congress a report containing a complete description of the actions taken by that agency under subsections

(a) and

(b) and that recommendations for administrative and legislative action as each that agency may determine to be appropriate to carry out the purposes of that subsection.