How a Grassroots Coalition Got the Elitist Federal Reserve to Sit up and Listen on Race

“We still have a long way to go before one of the most powerful, secretive, least democratically accountable, and thoroughly corporate dominated institutions truly represents the public and serves all of the public — including low-income people and communities of color.

“But Janet Yellen’s most recent Humphrey Hawkins testimony does show that the Federal Reserve is not completely insulated from public opinion, and that regular people standing up and demanding to be heard can push even the Federal Reserve to listen.”

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