Monday, 1 August 2016

The Fed’s striking lack of diversity and why it matters (Aaron David Klein, Brookings)

It is easy to dismiss the Democratic Party’s latest attack on the lack of diversity within the Federal Reserve, inserting a specific plank in the party’s platform on this point, as standard campaign season Fed bashing. However, in this case, there is strong data to support the claim that the regional Federal Reserve Banks have structural problems in generating diverse leadership and that the lack of diverse leaders has negative repercussions.

https://www.brookings.edu/opinions/the-feds-striking-lack-of-diversity-and-why-it-matters/

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