Taking a Page Out Of The NFL’s Playbook
Taking a page out of the NFL’s playbook
Last week, Raphael Bostic was named president of the Federal Reserve Bank of Atlanta—becoming the first African-American Federal Reserve Bank president. That’s right, in the Federal Reserve’s 104-year history, no African-American has led one of the 12 regional Reserve Banks until Bostic’s historic selection.
I wholeheartedly congratulate Professor Bostic on his history-making appointment, and applaud the Atlanta Fed for making this long-overdue selection, but clearly more progress must be made.
Did you know that our central banking system has also only had two Asian-American and merely six women at the helm of the Reserve Banks, and …