ECONOMY/FED/JOE BIDEN: “Under my plan, I believe the Fed should add to that responsibility and aggressively target persistent racial gaps in jobs, wages, wealth, and revise its hiring and employment practices to achieve greater diversity at all levels of the institution — including diverse nominees for the Board of Governors and the regional Federal Reserve Banks. So when the Chairman of the Federal Reserve provides a report on the health of the economy — we’ll know if the economy is working for everyone.
That’s when racial equity is not just an aspiration, but a theory of change and how we build our economic future to include everyone.”
-Joe Biden as quoted by Rev, “Joe Biden Racial Equity Plan Speech Transcript July 28,” rev.com, July 28, 2020