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Scheduled for Aug 25, 2016
The Federal Reserve has is the most powerful economic policy-making body in America. It is supposed to regulate the economy in order to promote "maximum employment." Unfortunately, the Fed has often discounted the severe economic struggles in Black and Brown communities in our country. That's partially because it is a semi-private institution and much of its leadership is legally accountable to private-sector banks rather than to the American people. Among the 17 most important Fed officials, there is not a single Black or Latino person.
Today, 120 community leaders from around the country are going to meet with the Fed's leadership at the annual Jackson Hole Policy Symposium. We will be asking them tough questions about their policy agenda, and urging them to create genuine full employment for all communities.
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