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Publications

06/30/2016

Reflecting the Diversity of America: Board Candidates for 12 Federal Reserve Bank Regions

The Federal Reserve has continually selected regional bank directors without transparency or public input, and most directors’ backgrounds suggest that they are likelier to be familiar with the interests of the wealthy than with the interests of low-income individuals and communities of color. The Federal Reserve has a duty-–both by legal mandate and public demand-–to make the Federal Reserve more reflective of the diversity of America. This slate of candidates provides concrete suggestions to the Federal Reserve that can help them meet their commitments.

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