Published By:Washington Post
Leadership at Fed’s regional banks is getting more diverse. But there’s still work to do, report argues.
“But diversity within the Federal Reserve’s regional banks hardly measures up, according to a new report compiled by Fed Up, a campaign of the Center for Popular Democracy, a left-leaning advocacy group. The report highlights the lag in gender, racial and occupational diversity among the presidents and boards of directors of the regional reserve banks. Researchers say this serves to further isolate already marginalized groups such as women and communities of color from monetary policy.”