“Of course not," Shawn Sebastian, co-leader of the Fed Up coalition of advocacy groups and labor unions, told Politico he opposes Williams in part because Williams has occasionally favored interest-rate hikes. Instead, Fed Up recommended a whole slate of “diverse” candidates for the New York Fed job, though their diversity is mainly limited to gender and skin color, not ideas. Many of them work or have worked for the Fed, while others served in various positions in the Obama administration; one is an economist for the AFL-CIO.

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