Economy

Reuters offers insight into how the Fed is taking on diversity one bank board member at a time

Reuters offers insight into how the Fed is taking on diversity one bank board member at a time

Reuters took readers on a deep dive into how the Federal Reserve, long criticized for being too white and male, crossed a big milestone last year: for the first time in its 107-year history, white men held fewer than half of its board seats. The shift, reinforced this January with new appointments, provides a window into how the U.S. central bank is setting the table for change among top policymakers, where progress toward diversity has been slow.

[1]: Fed takes on diversity one bank board member at a time