In The News
Oct 12, 2016
In The News
Mr. Conyers said, “Selecting the first African-American or Latino regional bank president would be a historic milestone for the Federal Reserve.” What he sees as the Fed’s long-running history of focusing more on controlling inflation than on fostering job creation has often left “workers of color” suffering more than others, he added.
Oct 10, 2016
In The News
Activists and Democratic lawmakers in recent months have urged the Fed to consider the effects of monetary policy on low-income and minority groups as they get closer to their next interest-rate increase.
May 31, 2016
In The News
If the Fed is to maintain the confidence of markets, it will need not only to communicate its key objectives; it will also have to make clear which considerations have priority and how officials will respond if policy prescriptions required to meet various objectives conflict with one another.
Jun 2, 2015
In The News
From its establishment in 1913, the Federal Reserve has had a clear dual mandate to minimize inflation and maximize employment.1 Over the last several decades, however, the Fed has overwhelmingly prioritized its commitment to combating inflation while allowing the pursuit of full employment to take a back seat.
Jun 2, 2015
In The News
U.S. Rep. Marcy Kaptur, D-Toledo, says it's time to bring back the Civilian Conservation Corps, a mainstay of President Franklin Roosevelt's New Deal back in the 1930s.
The congresswoman says she marked Earth Day Wednesday by introducing her 21st Century Civilian Conservation Corps Act, H.R. 1966, to put people to work on environmental projects.
Jul 2, 2013
In The News
In January, U.S. Rep. John Conyers and 7 other Congress members created the Full Employment Caucus with the goal of creating more than 24 million jobs in order to end the unacceptably high rate of unemployment and underemployment in the United States.