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Democrats in Congress are pushing the Federal Reserve to emphasize diversity when filling top policymaking roles.

In a new letter sent to Fed Chairwoman Janet Yellen, the lawmakers noted that the overwhelming majority of top central bank positions are filled by white men, and they urged a rapid change.

“The importance of ensuring that such positions are filled by persons that reflect and represent the interests of our diverse country cannot be overstated,” they wrote. “When the voices of women, African-Americans, Latinos, Asian Pacific Americans, and representatives of consumers and labor are excluded from key discussions, their interests are too often neglected.”

The letter, spearheaded by Sen. Elizabeth Warren (Mass.) and Rep. John Conyers Jr. (Mich.), garnered signatures from 11 senators and 116 House Democrats. Sen. Bernie Sanders (I-Vt.), a Democratic presidential contender, signed the letter, as did every Democrat in the Congressional Black Caucus.

Hillary Clinton jumped into the fray as well, issuing a statement Thursday echoing that message and calling for reforms at the Fed to limit Wall Street input.

"Secretary Clinton believes that the Fed needs to be more representative of America as a whole as well as that commonsense reforms -- like getting bankers off the boards of regional Federal Reserve banks -- are long overdue," said a campaign spokesperson.

The members called for the Fed to consider a range of factors when filling upcoming vacancies, including a candidate's ethnicity, economic and professional background.

They note that while unemployment has fallen sharply over the last several months, minority groups still fall behind. White unemployment is 4.3 percent, Hispanic unemployment is 6.1 percent, and black unemployment is 8.8 percent.

The lawmakers noted that every member of the Federal Open Market Committee (FOMC), which sets the nation’s interest rate policy, is white.

In response to the lawmaker critique, the Fed said it was committing to boosting diversity, and touted its recent efforts along those lines.

"We have focused considerable attention in recent years on recruiting directors with diverse backgrounds and experiences," said a Fed spokesperson. "By law, we consider the interests of agriculture, commerce, industry, services, labor, and consumers. We also are aiming to increase ethnic and gender diversity. "

Thursday’s letter is the latest in a growing leftward push to influence the Fed, as liberals view the central bank as disproportionately influenced by input from Wall Street. With the economy on the mend and the Fed eyeing upcoming interest rate increases, they argue that too many Americans lower on the economic scale are not yet feeling those economic gains and need more support from the central bank.

Yellen was previously asked about diversity at the Fed at a congressional hearing earlier this year, and she committed to look into the matter.

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A top priority for the lawmakers is ensuring increased diversity at the 12 regional Fed banks scattered across the country. Those banks occupy five rotating seats on the FOMC. But their boards are mostly filled by commercial banks, which directly back each institution.

Democrats have said for years that the arrangement ensures that the financial sector enjoys a prime seat in communicating with the Fed. Thursday’s letter noted that no regional bank head is black or Latino, and no African-American has ever helmed a regional Fed bank in the organization's 100-year history.

By Peter Schroeder

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“Elected officials across the country are paying close attention to how Amazon and other corporations have responded to Seattle’s efforts to confront their affordable housing and homelessness crisis,” Sarah Johnson, director of Local Progress, a national association of progressive elected municipal officials, told the Times.

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The Baltimore Sun - May 4, 2013, by Margaret Williams - This past November, I went to Florida to help mobilize voters to increase participation in communities of color and raise the voice of those often unheard. While there, I witnessed firsthand what we all have seen on TV — terrible voting lines that forced community members to wait hours to cast their ballots. However, these perpetual voting challenges are not isolated to Florida. Even here in Maryland, we have a long, long way to go to ensure that the right to vote for Marylanders is easy and accessible for all. Like in Florida, my friends and family here in Baltimore City also waited hours to vote. I know of many in our communities who have been so discouraged by the process that they don't vote at all.

We must fix our broken democracy so that the electoral process is not fraught with obstacles for voters but encourages and supports the right to vote. Gov. Martin O'Malley's voting rights bill, which he signed into law on Thursday, is a great first step to engage and support Maryland's electorate. As a leader of the grassroots organization, Communities United, I commend Governor O'Malley for his leadership on this issue and am so grateful to the broad coalition of organizations that worked diligently for it's passage.

The bill, which will expand early voting and allow for same-day registration during the early voting period, is a real sign of progress toward improving voter access. The changes in this bill will make it easier for working-class people, who cannot afford to lose paid work time and wait hours to vote, to participate in the democratic process. We support this legislation as it was signed into law because it will provide tremendous benefits to residents throughout the state.

However, Mr. O'Malley's voting rights bill is merely a first step. We have yet to cross the finish line on voting rights, and there is much more work to be done.

In the last mayoral election in Baltimore, a mere 12 percent of voters went to the polls. If we are going to address the social and economic challenges that our city and state face, we must engage more citizens in voting. If we are to engage more citizens in voting, we must actively work for an electoral process that truly supports the engagement of all Marylanders.

Nationwide, voting rights are under attack by special interest groups and some elected officials. Every day we read in the press new proposals for voter identification bills and other methods of voter suppression throughout the country. It is critical that Maryland step forward as a real leader in progressive voting rights policies and electoral reform. While other states move to restrict voting rights, Maryland should serve as a model of voter empowerment for the rest of the country.

This year marks the 50th anniversary of the March on Washington. As we look back to see how far we have come, it can only inspire us to see how far we can go. This voting bill is an important first step, but there's still a long road to walk until we achieve the freedom that all Marylanders deserve.

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Bloomberg Businessweek - November 13, 2014, by Josh Eidelson - In the midterm elections, four red states—Alaska, Arkansas, Nebraska, and South Dakota—passed minimum wage increases. Those votes mean that, starting next year, a majority of states will have minimum wages higher than the federal rate. The last time that happened, in 2007, Democrats newly in control of Congress used their power to pass the first national increase in a decade, from $5.15 to $7.25 an hour. It’s extremely unlikely the Republicans who took back the Senate in the midterm elections will do the same. “Waiting for Congress to act is frustrating and, at this point, pointless,” says Ed Flanagan, a former Alaska labor commissioner who spent a year campaigning for his state’s new increase, from $7.75 to $9.75.

Already, labor organizers in Oregon are considering a ballot initiative for 2016 that would raise the state minimum to $15 an hour, matching the leap taken this year by Seattle and San Francisco. In Los Angeles, where Mayor Eric Garcetti signed an ordinance mandating a $15.37 wage floor for some hotel workers in October, 6 of the 15 members of the city council have asked for a vote in early 2015 on a proposal to increase the city’s rate to $15.25 across the board by 2019.

Voters in most states shouldn’t expect to see pushes for higher rates than that anytime soon. Labor activists say they want to end the exclusion of tipped workers such as restaurant wait staff from minimum wage laws and add worker protections, like requiring employers to give workers advance notice of schedule changes or offer paid sick days. That approach worked this year in Oakland, where voters approved a referendum on Nov. 4 that lifts wages only to $12.25 but requires employers to offer paid leave above what the state requires. “When you combine them together, it’s actually more popular,” says Brian Kettenring, co-executive director of the Center for Popular Democracy, a union-backed community organizing group. “People appreciate that you are trying to actually solve the problem.”

Not all the coming fights will be put directly to voters. In California, Democratic Governor Jerry Brown signed a compromise bill last year increasing the statewide minimum from $8 to $10 by 2016. Some Democratic state lawmakers say that’s not enough to help workers make ends meet. “It will still allow the legal payment of a poverty wage,” says Mark Leno, the state senator who sponsored a bill that would have increased minimum pay to $13 by 2017 and then indexed future wage levels to inflation. That passed the state senate in May but failed by a single vote in an assembly committee. Leno plans to revive the issue in the next legislative session.

In some cities, Democrats are pitting themselves against the Republicans who control their state governments. Louisville has held hearings about raising wages to $10.10 after a statewide increase died in the Republican-controlled state senate. City officials in other states are hamstrung by laws prohibiting municipal governments from raising minimum wages above state levels. In June, business-friendly Democrats in Rhode Island’s statehouse killed efforts by the Providence city council to raise hotel pay to $15 an hour with a budget rider barring cities from setting their own minimum wages. In New York, where state law denies cities authority over pay rates, Governor Andrew Cuomo agreed to support changing that statute, along with a statewide increase to $10.10, to win the endorsement of the progressive Working Families Party in the November gubernatorial election. “He made a promise on this,” says Bill Lipton, the party’s New York director. “We expect him to fulfill it.”

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