Watch Live: Young Immigrants Rally In DC To Call On Congress To Save DREAMers
Watch Live: Young Immigrants Rally In DC To Call On Congress To Save DREAMers
(Interview with Ana Maria Archila at 1:09:10)...
(Interview with Ana Maria Archila at 1:09:10)
Watch the full video here.
Our Fight for Health Care During Recess and Beyond
Our Fight for Health Care During Recess and Beyond
It’s time to ramp up our resistance to the Trump-Ryan agenda on health care. We scored our biggest legislative victory...
It’s time to ramp up our resistance to the Trump-Ryan agenda on health care. We scored our biggest legislative victory so far on March 24, when Speaker Paul Ryan called off his bid to repeal the Affordable Care Act (ACA), because he didn’t have the votes. This was an inspiring, hard-fought win for everyone who believes health care is for all...
Read full article here.
Over 100 Progressive Local Elected Officials Gather in Los Angeles
Over 100 Progressive Local Elected Officials Gather in Los Angeles
(LOS ANGELES – Oct. 26) More than 100 progressive elected officials from across the United States are gathering in Los...
(LOS ANGELES – Oct. 26) More than 100 progressive elected officials from across the United States are gathering in Los Angeles today through Wednesday for a three-day convention to discuss key planks of the progressive agenda like workers’ rights, racial justice, and public education.
Council members, school board members, and mayors flew in from around the country for the Fourth Annual Convening of Local Progress, the network of progressive elected officials. Los Angeles First Lady Amy Elaine Wakeland opened the convening, which Los Angeles Mayor Eric Garcetti is co-hosting with Local Progress, with a welcome address.
New York City Mayor Bill de Blasio, a member of the network, sent a video message to the attendees encouraging them to continue their good work fighting for progressive policy that improves the lives of their cities’ residents.
Elected officials will join the nation’s leading policy experts, organizers, and advocates to learn about and share best practices on a range of policy areas including police reform, the fight for $15, and equitable development and affordable housing. The full agenda is here.
Sarah Johnson, Co-Director of Local Progress, released the following statement: “Today, cities are the great hope for the progressive movement. In order to achieve transformative victories at the local level, we need elected officials who are integrated into our movement, strategizing and working with the organizations who are fighting for a pro-worker, pro-immigrant, racial justice agenda. Local Progress is building spaces for creating those collaborations and relationships, and for driving trans-local victories. By collaborating across cities – like we’ve done on paid sick days and the minimum wage – we can transform the national dialogue and build towards a country in which everybody is able to live a dignified life.”
San Francisco Supervisor John Avalos, Chair of the Board of Directors of Local Progress, released the following statement: “Across the country, the elected official members of Local Progress are passing crucial legislation to create a more just and equitable society. From $15 minimum wages to fighting climate change to laws reforming police practices, from programs to create affordable housing to policies that protect immigrant families from the destructive force of deportation, cities are leading the way forward. Our convening this week was a special opportunity to bring together these leaders from around the country to share best practices, build solidarity with one another, and plan for the important fights ahead in 2016.”
Mary Kay Henry, President of the Service Employees International Union, released the following statement: “SEIU’s members recognize the need to build a broad progressive movement for social justice. We are fighting to build a country where every family is able to give their children a dignified life. SEIU members across the country are proud to partner with their local elected officials to advance crucial public policies that promote economic and racial justice. We helped found Local Progress because we know that our movement needs sustainable, long-term infrastructure so that cities can innovate important policies that lift up working families and, like the Fight for $15 campaign led by courageous fast food workers, change the national political dialogue. We are excited by the growth of the network and eager to build, hand-in-hand with community-based organizations and elected officials, for our movement’s collective long-term success.”
Tefere Gebre, Executive Vice President of the AFL-CIO, released the following statement: “If we are going to raise wages in America, we need cities to lead the way. Local elected officials must stand side-by-side with the workers who are fighting for dignity on the job. The AFL-CIO and our affiliates are proud to partner with local elected officials from around the country who are advancing a pro-worker, pro-immigrant, racial justice agenda. Together, we know that we can build a society where everybody who wants to can find a living wage job, and where families can raise their children in economic security and dignity.“
For interview opportunities with Sarah Johnson, John Avalos, Mary Kay Henry, or Tefere Gebre, or any of the elected officials attending the Local Progress convening, please contact Anita Jain at ajain@populardemocracy.org, 347-636-9761 or Sofie Tholl at stholl@populardemocracy.org, 646-509-5558.
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www.populardemocracy.org
The Center for Popular Democracy promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country. CPD builds the strength and capacity of democratic organizations to envision and advance a pro-worker, pro-immigrant, racial justice agenda.
Activists Call for End to ‘Economic Racism’
The St. Louis American - March 12, 2014, by Rebecca Rivas - African-American residents are sick and tired of hearing...
The St. Louis American - March 12, 2014, by Rebecca Rivas - African-American residents are sick and tired of hearing about an economic recovery that does not apply to them, said Derek Laney, an organizer for Missourians Organizing for Reform and Empowerment.
In St. Louis, the unemployment rates for the black community remains triple the rate of white residents, 14.1 percent for blacks compared to 5.7 percent for whites, he said. However, some economists claim that the economy is rapidly approaching full employment.
“Is there only one set of the population that matters?” Laney said. “And if they are all right, we’re all right? That’s something we can’t accept.”
On Thursday, March 5, activists attempted to ask James Bullard, the president of the Federal Reserve Bank of St. Louis, those same questions. At noon, a coalition of community-based organizations, faith leaders, elected officials, labor unions and service organizations gathered in front of the St. Louis Fed in downtown St. Louis as a part of the national Fed Up Campaign (whatrecovery.org).
They pointed to a new report by the Center for Popular Democracy released this month that details the difficulties for African-American families to find living-wage employment. The report is titled, “Wall Street, Main Street, and Martin Luther King Jr. Boulevard: Why African Americans Must Not Be Left Out of the Federal Reserve’s Full-Employment Mandate.”
In response to the protest, a St. Louis Fed spokeswoman stated in an email to The St. Louis American: “We are aware of the protest at the St. Louis Fed and respect people’s right to protest peacefully.”
The coalition asked Bullard to prioritize full employment and rising wages for all communities. Laney said as the economy starts to recover, some are calling for the Fed to raise interest rates to prevent wages from rising – which would severely impact families still struggling to recover from the Great Recession. In mid-March, the St. Louis Fed and its leaders will meet to discuss policy. Laney said they hoped the action will help “shape those discussions.”
The report emphasizes that the Federal Reserve is responsible for keeping inflation stable, regulating the financial system and ensuring full employment.
“These mandates reflect the tension between the interests of Wall Street on the one hand and Main Street and Martin Luther King Jr. Boulevard on the other,” the report states. “As a general matter, corporate and finance executives want to limit wage growth – or, as they call it, ‘wage inflation’ – and to maximize their future profits from lending money.”
The report argues that in past decades, the Federal Reserve resolved this tension in favor of banks and corporations, intentionally limiting wage growth and keeping unemployment excessively high.
“The Fed’s policy choices over the past 35 years have led to increased inequality, stagnant or falling wages, and an American Dream that is inaccessible to tens of millions of families – particularly black families,” the report states.
Since the Ferguson movement began, many local and national leaders have emphasized the need to address the “structural racism” in the region.
“Economic racism cannot be delinked from racism by law enforcement and other governmental entities,” according to the coalition’s statement. “However, James Bullard has been silent on issues of economics and their impacts on communities of color in the region over the past seven months. Today, we are bringing these issues to his front door.”
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Bar bank executives from regional Fed boards, says Yellen's ex-advisor
Bar bank executives from regional Fed boards, says Yellen's ex-advisor
A former top Federal Reserve policy advisor said on Monday that bank executives should be barred from serving on the...
A former top Federal Reserve policy advisor said on Monday that bank executives should be barred from serving on the boards of the Fed's 12 regional outposts, Fed policymakers should serve just seven years, and monetary policy should be subject to an official annual review.
The proposals from Dartmouth College Professor Andrew Levin represent substantial change for the Federal Reserve.
Banks currently appoint six of the nine members of regional Fed bank boards, policymakers often serve a decade or more before retiring, and the details of monetary policymaking have always been a closely guarded secret, with transcripts of meetings released only after a five-year interval.
Levin, who advised Fed Chair Janet Yellen when she was Fed vice chair, released the proposals via the Fed Up Coalition, a network of community organizations and labor unions calling for change to the U.S. central bank. It is unclear how they will be received by other Fed critics who have called for even more sweeping changes, or the 101-year-old institution itself, which has largely resisted reform proposals.
The Fed has come under increasing fire in recent months from both Democrats and Republicans for what they say is a lack of accountability and transparency, with lawmakers and presidential candidates calling for a wide range of limits on the Fed's powers.
In response, some current and former Fed officials have begun to call for steps to placate the U.S. central bank's harshest critics.
Levin on Monday also called for the process of appointing Fed bank presidents to be more transparent and to involve the public. Currently Fed bank presidents are chosen in a closed-door process run by each bank's board and approved by the Washington-based Fed Board.
Reporting by Ann Saphir; Editing by Meredith Mazzilli
Source
"You can save my life - remember this conversation": Father with ALS confronts Senator Jeff Flake on flight from DC to Arizona over tax bill*
"You can save my life - remember this conversation": Father with ALS confronts Senator Jeff Flake on flight from DC to Arizona over tax bill*
A terminally-ill father suffering Lou Gehrig's disease shared his personal story with Sen. Jeff Flake with the ambition...
A terminally-ill father suffering Lou Gehrig's disease shared his personal story with Sen. Jeff Flake with the ambition to make an influence on his stance of the GOP tax reform bill.
Ady Barkan, 33, approached the Republican lawmaker during his flight home from Washington D.C. - where the ill Barkan had spent days protesting the bill.
Read the full article here.
The ugly charter school scandal Arne Duncan is leaving behind
US Secretary of Education Arne Duncan’s surprise announcement to leave his position in December is making headlines and...
US Secretary of Education Arne Duncan’s surprise announcement to leave his position in December is making headlines and driving lots of commentary, but an important story lost in the media clutter happened three days before he gave notice.
On that day, Duncan rattled the education policy world with news of a controversial grant of $249 million ($157 the first year) to the charter school industry. This announcement was controversial because, as The Washington Post reports, an auditby his department’s own inspector general found “that the agency has done a poor job of overseeing federal dollars sent to charter schools.”
Post reporter Lynsey Layton notes, “The agency’s inspector general issued a scathing report in 2012 that found deficiencies in how the department handled federal grants to charter schools between 2008 and 2011″ – in other words, during Duncan’s watch.
Even more perplexing is that the largest grant of $71 million ($32.5 the first year) is going to Ohio, the state that has the worst reputation for allowing low-performing charter schools to divert tax money away from educational purposes and do little to raise the achievement of students.
A number of Ohio officials were shocked by the news.
As a different article from The Post reports, Democratic Party Representative Tim Ryan “was alarmed” by the Education Department’s decision. Ryan called his state’s charter school sector “broken and dysfunctional.”
Ted Strickland, an ex-Governor and now Democratic candidate for a US Senate seat in Ohio, wrote Duncan a letter telling him to reconsider the Ohio grant. “Too many of Ohio’s charter schools are an embarrassment,” he states. Strickland quotes from a recent study showing charters in his state perform significantly worse than public schools. He points to a recent scandal in which the person in the state’s department of education responsible for oversight of charters had to resign because he was caught “rigging the books.”
Even Ohio Republicans are disturbed about Secretary Duncan’s generosity to charter schools in the Buckeye State. Like a parent who sees a visiting relative doling out chocolate bars to an already stimulated child, State Auditor Dave Yost quickly stated his concerns about the new charter school largesse to the media and his intention to track how the money is spent. Yost should know. An audit he conducted earlier this year found charter schools in the state misspend millions of tax dollars.
“Why is the Department rewarding this unacceptable behavior,” Strickland asked in his letter.
Money For What?
Certainly throwing unaccounted for federal tax money at charter schools is nothing new.
A recent report from the Center for Media and Democracy found that over the past 20 years the federal government has sent over $3.3 billion to the charter school industry with virtually no accountability. That report notes “the federal government maintains no comprehensive list of the charter schools that have received and spent these funds or even a full list of the private or quasi-public entities that have been approved by states to ‘authorize’ charters that receive federal funds.”
But Secretary Duncan has been particularly generous to charter schools. One of the conditions states had to meet to win a Race to the Top grant, his signature program, was to raise any caps they may have had on the number of charter schools allowed to operate in the state. His department warned states receiving waivers to the onerous provisions of No child Left Behind not to do enact any new policies that would undermine charter schools’ “autonomy.”
Congress has done its part too, raising the amount of federal money going to charter schools through the Charter School Grants program.
The CMD report cited above calculated that the feds are expected to increase charter school funding by 48 percent in FY 2016, which would have been Duncan’s last year on the job. That’s about $375 million more for charters estimates journalist Juan Gonzalez.
Yet at the same time federal support for charter schools continues to grow, revelations increasingly show the results of that spending are frequently disastrous.
Dollars For Disaster
A recent report from the Center for Popular Democracy and the Alliance to Reclaim Our Schools (AROS) uncovered over $200 million in “alleged and confirmed financial fraud, waste, abuse, and mismanagement” committed by charter schools around the country.
The report follows a similar report released a year ago by the same groups that detailed $136 million in fraud and waste and mismanagement in 15 of the 42 states that operate charter schools. The 2015 report cites $203 million, including the 2014 total plus $23 million in new cases, and $44 million in earlier cases not included in the previous year’s report.
Authors of the report called $200-plus million the “tip of the iceberg,” because much of the fraud “will go undetected because the federal government, the states, and local charter authorizers lack the oversight necessary to detect the fraud.”
Adding to concerns over how federal funds for charter schools are used, state audits, like the one conducted in Ohio, have also found widespread financial fraud and abuse committed by these schools.
Although the CPD-AROS report made policy recommendations for mandatory audits of charters and increased transparency and accountability for these schools, none of those recommendations seem to have gotten any attention, much less action, from Duncan and his staff.
A Process Cloaked In Mystery
Both the ends and the means of federal grants to charter schools remain mostly a mystery. Not only do we not know what happens to most of the money; we don’t know how recipients for the money are chosen.
As CMD’s Jonas Persson writes on that organization’s PR Watch blog, “The public is being kept in the dark about which states have applied for the lucrative grants, and what their actual track records are when it comes to preventing fraud and misuse … The U.S Department of Education has repeatedly refused to honor a CMD request under the Freedom of Information Act for the grant applications, even though public information about which states have applied would not chill deliberation and might even help better assess which applicants should receive federal money.”
Also unknown are the names of the “peers” who review applications for the grant money.
How Ohio became chosen for more charter school money is especially enigmatic, not only because of the bad reputation of the state’s charter schools, but also because of the circumstances of how the state’s application was pitched to Duncan and his staff.
Soon after the announcement of the grant, the Akron Beacon reported a Ohio Department of Education official who helped obtain the $71 million in federal money was the very same official who resigned in July “after manipulating data to boost charter schools.” The official resigned a mere two days after filing the grant application.
What’s also interesting about the new federal grant money for Ohio charters is its timing.
Was Money Timed For Youngstown Takeover?
As the Beacon report notes, “The additional federal dollars come as the Ohio Department of Education decides how to distribute $25 million set aside by state lawmakers to help charter schools pay rent, purchase property, or renovate buildings. The money is yet one more assist to charter-school proponents in need of a building. Rent and building acquisition are two of the biggest deterrents to start-ups.”
The grant to Ohio also seems especially well timed to the targeted takeover of one of the most troubled school districts in the state, Youngstown.
As a recent report in Belt Magazine explains, “The Youngstown City Schools, which could lay claim to the title of the worst school district in the state … had been under academic distress for the past five years. Enrollment had dropped 21 percent since 2010.”
This summer, a House education bill with bipartisan support was about to sail through the legislature when State Senator Peggy Lehner, the chairwoman of the Senate Education Committee, suddenly introduced an amendment.
“The amendment,” Belt reporter Vince Guerrieri recounts, “informally dubbed ‘the Youngstown Plan,’ allows for the dissolution of the academic distress commission of any district that’s gotten an F grade for three years in a row or has been under academic distress for at least four years. Youngstown is the only school district that meets that qualification.”
“Within 12 hours of the introduction of the amendment, it had passed the legislature,” Guerrieri writes.
The fast-tracked legislation sets up, according to an NPR outlet in the state, “a five member Academic Distress Commission with a three member majority chosen by the state school superintendent. That group then appoints a CEO with extraordinary powers. He could not only change the collective bargaining agreement with teachers but also create or contract with charter schools.
State school board member Patricia Bruns – a Democrat – says bypassing local elected officials including the school board is unconstitutional. ‘Their idea is to take over the schools, dismantle what’s there, and dole them out to private, for-profit charters.’
So was the federal grant to Ohio timed to pay for the take over of Youngstown schools?
That’s the question Ohio edu-blogger and public school advocate Jan Resseger wants answered. She points to an article by Akron Beacon education reporter Doug Livingston who alleges the new funding for charter schools in Ohio is “designed specifically to pay for the fast-tracked state takeover of the Youngstown schools.” Livingston backs up his claim with a quote from Arne Duncan’s press secretary Elaine Quesinberry who confirmed, “that the Ohio education officials filled out the grant application with the intent to direct money to charter school startups in academic distressed areas. Only two, Youngstown and Lorain, currently fit that description.”
What ‘Reform?’
Meanwhile, as the House bill containing the Youngstown Plan passed with extraordinary haste, another bill to make charter schools more transparent and accountable remained mired in contentious through the summer recess. That bill now seems likely to get approved by the legislature, based on reports received at press time. But “there’s no clear magic bullet” in the bill, according to a Cleveland news outlet, at least in terms of reforming charter schools in the state.
“The bill makes several small changes,” the reporter contends. “Private and for-profit charter school operators will have to provide more information to the public about how they spend tax dollars they are paid to run the schools.” But “the books won’t be anywhere near as open as a public school district’s.”
Also, what amounts to accountability for charters seems especially weak under the provisions of the new law. “The Ohio Department of Education will start to publicize which operators run each school and give information to the public about the academic performance of the schools that each operator runs. That will let families know the track record of the people running a school.” It will? How many families will dig into state reports to make decisions about where to send their kids to school?
A Hands-Off Policy For Charter Schools?
For his part, Secretary Duncan seems little interested in how new federal grants to charter schools will be spent, saying it’s “largely up to states and the public agencies that approve charter schools,” according to the Post article cited above. “At the federal level, we don’t have a whole lot of leverage,” he mused.
This seems an oddly resigned comment from an education secretary whose department has made the minute scrutiny of state policy governing nearly everything having to do with public education – from standards, to teacher evaluations, totutoring requirements.
Why would a secretary so often accused of leading an unprecedented overreach of federal intrusion in state education policy suddenly become so nonchalant about oversight of charter schools?
It certainly doesn’t help dampen suspicion that Duncan’s replacement as acting secretary will be John King, the controversial former New York State Education Commissioner, who has deep ties to the charter school industry.
Before becoming New York Commissioner, King helped to found and operate a charter school management organization with schools in New York, Massachusetts, and New Jersey.
Because King will be acting secretary, no nomination process or Congressional hearings will be needed to approve the leadership change.
Source: Salon
Minnesota’s other racial disparity: voting
Minnesota’s other racial disparity: voting
Minnesota consistently ranks at the top in terms of voter turnout. It earns accolades for the quality and competence of...
Minnesota consistently ranks at the top in terms of voter turnout. It earns accolades for the quality and competence of its election administration. Recently Secretary of State Steve Simon challenged Minnesotans to register and vote so that the state can continue to be the leader when it comes to election turnout. Yet that high turnout comes with a racial gap that is among the worst in the country.
Minnesota is a land of racial disparities, such as in education. Minnesota Department of Education data point to blacks and other students of color scoring 30 points or more lower on achievement tests compared to whites. U.S. Department of Education data show Minnesota near the bottom of the list in on-time high school graduation rates for blacks, with an overall 67 percent graduation for black males (compared to 90 percent for white males), according to the 2015 Schott Foundation for Public Education report. The black/white male graduation gap is one of the highest in the country. A 2014 study found black students 10 times more likely to be suspended or expelled from Minneapolis schools than white students.
Income and employment
Second, look at income and unemployment. A 2013 Minnesota Advisory Committee to the U.S. Commission on Civil Rights report found the unemployment gap for blacks to be three times that of whites. A 2015 report by the Center for Popular Democracy found the gap to be second worst among states in the nation, only behind Wisconsin. And 2015 U.S. Census data point to Minnesota as having one of the highest black/white gaps in medium family income in the nation. WalletHub, a personal finance site, documented the financial gap between whites and minorities in Minnesota as the biggest in the nation, with median income (4th highest), home ownership (3rd), poverty rate (3rd) and education level (14th).
In criminal justice, groups such as the Sentencing Project note Minnesota among the worst when it comes to racial disparities in terms of incarceration. And the Institute for Metropolitan Opportunity 2015 report “Why Are the Twin Cities So Segregated?” confirmed what john powell and I had documented a generation ago at the Institute on Race and Poverty: that the seven-county metro region has one of the worst residential and educational segregation patterns in the country.
Now consider the racial disparities in voting. WalletHub earlier this year released a study examining political engagement among blacks, using six criteria. It found Minnesota ranked 16th. Among notable failures, Minnesota was 45th in the nation for black voter turnout in the 2014 elections. According to the U.S. Census Bureau in the 2012 elections, 80.2 percent of white non-Hispanic citizens registered to vote, compared to 66.9 percent and 56.1 prcent for blacks and Hispanics. In terms of actually voting, white non-Hispanic turnout was 74 percent, compared to 49.2 percent and 32.5 percent for blacks and Hispanics. For Asian-Americans, their registration was greater overall than for white non-Hispanics at 87.6 percent, but actual turnout was only 56.2 percent.
Why the disparity in registration and voting? It is no coincidence that the poverty, education and incarceration disparities along with the residential segregation are related to the lower voter turnout. Political scientists have long documented the correlations between income, education, and geography. High incarceration rates bring felon disenfranchisement, contributing to decreased eligibility to register and vote.
Low voter turnout compounds other disparities
Low voter turnout among people of color feeds upon itself, compounding other racial disparities and problems. People of color are unable to electorally challenge employment or housing policies. They are unable to challenge policing policies, and they are unable to challenge the voting laws and procedures that may hinder their political engagement.
Minnesota must address the racial voting disparity, especially in light of the growing diversity of the state population. It will require not just addressing problems in the voting laws including felon disenfranchisement, but also tackling the other racial disparities that contribute to the voting problems. If it does not, Minnesota risks perpetuation of a second-class citizenship for many of its people.
By David Schultz
Source
How to Help Puerto Rico, Even When the President Won't
How to Help Puerto Rico, Even When the President Won't
Donald Trump's idea of humanitarian aid to Puerto Rico is throwing paper towel rolls to a crowd. His callous and...
Donald Trump's idea of humanitarian aid to Puerto Rico is throwing paper towel rolls to a crowd. His callous and grandstanding attitude following Hurricane Maria's devastation is breathtaking, even for a man who uses a golden toilet. His cheap imitation of a T-shirt cannon was enough to make America collectively throw the phones we watched it on into the sea. If you're looking for less expensive ways to channel your rage, consider donating time, money or supplies to organizations and individuals on the ground in Puerto Rico.
Read the full article here.
At Unprecedented Meeting, Fed Officials Voice Support for Activists’ Issues
At Unprecedented Meeting, Fed Officials Voice Support for Activists’ Issues
JACKSON HOLE, Wyo.—Federal Reserve officials sought to reassure a group of labor activists that the central bank isn’t...
JACKSON HOLE, Wyo.—Federal Reserve officials sought to reassure a group of labor activists that the central bank isn’t going to cool down the economy just as a stronger labor market is reaching a broader swath of Americans.
“We’re going to run [the economy] hot, get the unemployment rate down lower,” San Francisco Federal Reserve Bank President John Williams said at an unprecedented meeting with activists from the Campaign for Popular Democracy’s Fed Up Campaign.
The meeting of activists and high-ranking Fed officials took place shortly before the start of the Kansas City Fed’s high-profile policy conference in Jackson Hole, Wyo. Central bankers in attendance included Fed Chairwoman Janet Yellen’s two top lieutenants, New York Fed President William Dudley and Vice Chairman Stanley Fischer. Ms. Yellen, although scheduled to speak at the Jackson Hole symposium early Friday, didn’t attend.
The left-leaning activist group Fed Up publicly met with eight Federal Reserve presidents Thursday to discuss inequality and interest rates during the central bank's annual meeting in Jackson Hole, Wyoming.
Nine regional Fed bank presidents and two governors held a public discussion with the left-leaning group, whose goal is to convince Fed officials to keep short-term interest rates low to boost short-term growth and drive unemployment further down. It came as pressure mounts on Fed officials on many fronts to explain a disappointing economy.
Several Fed Up activists argued the only way to lower unemployment in the black community is to heat up the broader labor market.
Rod Adams, a 27-year-old community group organizer from Minneapolis, told the meeting, “I don’t understand how you can think that,” when confronting Fed officials’ statement that the U.S. is near full employment.
“I don’t want to be sacrificed for a war against an inflation enemy that isn’t here,” Mr. Adams said.
Transcript: Fed Officials Meet With Fed Up Activists at Jackson Hole
Fed Up activists also challenged Fed representatives on diversity. The group doubled down on its earlier criticism of the Federal Reserve’s leadership as overly male, almost entirely white and drawn too frequently from the banking community.
The composition of Federal Reserve leadership has also received criticism from Democratic elected officials who say the institution doesn’t adequately reflect the demographics of the nation it is meant to serve.
New York Fed President William Dudley told the meeting Thursday that the Fed’s record on diversity has been “pretty lousy.” His counterpart from the Minneapolis Fed, Neel Kashkari, said that “we have made progress and can make more progress.”
A recent paper by the Brookings Institution noted that of the 134 different presidents of regional Fed banks in history, none has been Hispanic or African-American. Ms. Yellen is the central bank’s first female leader, and she and Federal Reserve governor Lael Brainard are two of only nine women to serve on the Fed’s board in its history. Currently, two of the Fed’s 12 regional banks—Cleveland and Kansas City—have female presidents.
The central bankers at Thursday’s meeting expressed support for the issues that Fed Up questioners raised. However they also argued that the Fed’s main goal should be avoiding another recession and promoting maximum employment and price stability.
Vice Chairman Stanley Fischer praised the group for setting up the discussions, but he called on the activists to research the issues that confront the communities involved.
“When you get the facts, when you get the analysis, you can make a difference. When you speak about how bad the problem is it’s a much less effective tool,” the former Massachusetts Institute of Technology professor said.
Write to Harriet Torry at harriet.torry@wsj.com
Corrections & Amplifications:
U.S. Federal Reserve officials argued that the central bank’s main goal should be avoiding another recession and promoting maximum employment and price stability. An earlier version of this article incorrectly said they argued that the goal should include promoting maximum unemployment. [Aug. 26]
By Harriet Torry
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