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Campaign Updates

03/8/2018 | Building a National Campaign for a Strong Economy: Fed Up
Published By:Business Insider

A top regulator's close ties to Wall Street damage one of its most crucial functions 10 years after the crisis

“A new report from the Fed Up coalition, an activist group calling for more inclusive economic policies, says the key regional Fed bank's conflicts lead to subpar regulation of Wall Street. As William Dudley, a former Goldman Sachs partner, prepares to retire as New York Fed president, Fed Up calls on the bank to "select a new president who will put the interests of the public before Wall Street. A new report from the Fed Up coalition, led by the Center for Popular Democracy, a Washington-based nonprofit, shows just how stark the lack of diversity in race, gender, and professional backgrounds has been at the New York Fed.”

Read the full article here.