Aug
25

Out West, Debate Asks Whether Fed Is Serving Bankers or Busboys

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  • Workers’s group criticizes Fed structure, Richmond Fed answers
  • Fed presidents slated to meet with activists Thursday evening

As Federal Reserve officials and top economists meet in Jackson Hole this week, the Fed Up coalition will be criticizing the central bank’s structure from the sidelines.

The pro-worker group, an initiative of the Center for Popular Democracy, expects to have 120 workers and activists at the annual economic symposium in Wyoming. On Thursday evening, representatives will meet with Kansas City Fed President Esther George and her fellow bank presidents William Dudley, Neel Kashkari, Loretta Mester, Robert Kaplan, Eric Rosengren and John Williams, along with Fed Governor Lael Brainard, said Fed Up organizer Jordan Haedtler…

Out West, Debate Asks Whether Fed Is Serving Bankers or Busboys

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