Fed diversity is focus of new legislation

New bill would ensure at least one gender- and one ethnically-diverse candidate are interviewed

Diversity hands circle

A bill has been tabled in the US, which aims to improve the diversity of the Federal Reserve’s leadership.

Introduced by representative Joyce Beatty, the bill would ensure at least one gender-diverse candidate and one racially- or ethnically-diverse candidate are interviewed when there is a vacancy among the regional Fed presidents.

“It is hard to believe that in 2018, in the Federal Reserve’s 105-year history, only one African-American has ever served as a Reserve Bank president and seven

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.