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A people's Fed? It's starting to at least look that way | Hellenic Shipping News Worldwide

Seven years ago white men made up the majority of directors on the boards of all but one of the 12 U.S. Federal Reserve banks. This year, white men are for the first time in the minority at every one. Of the 105 directors on the newly named 2022 boards, 44% are women, and a ...
United States San Francisco Jerome Powell Andrea Ricci Peter Conti Brown Ann Saphir

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Biden should appoint Federal Reserve board member from labor, workers

Chip Somodevilla/Getty Images The Federal Reserve is finally starting to take the concerns of average workers more seriously in its monetary policymaking. In order to cement this commitment to workers and full employment, President-elect Joe Biden should nominate Fed Board members with a background in organized labor. There have been a vanishingly small number of labor leaders at the Fed over its long history, this needs to change. Kaleb Nygaard is a graduate stude...
New York United States Joe Biden Jay Powell Kaleb Nygaard Yale School Of Management

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