Futility of “Colorblindness”: Rep. Al Green (D-Texas) Discusses Black Unemployment in the United States with Chairman Jerome Powell; The Fed & Black Employee Discrimination: Artis v. [Greenspan Bernanke] Yellen

In past MPR hearings, Rep. Green has asked questions about high black unemployment, roughly twice that of white people on a fairly consistent basis. [Author’s note: The chart is in the MPR, page 7. In addition, the Board published a working paper on observing racial gaps in the labor market in July 2017.]

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Federal Reserve Board: Walter T. Charlton, Counsel for Cynthia Artis, Artis v. Bernanke, on C-Span in 2002; A note on John Roberts and Antonin Scalia

Walter T. Charlton, Counsel for Cynthia Artis, et al., in the extremely long duration employment discrimination case, Artis v. Greenspan Bernanke Yellen spoke about the Federal Reserve Board in 2002. Thirteen years later, the case is still active. The Board acts as if equal opportunity is an undeserved burden, one which it does not have … Continue reading Federal Reserve Board: Walter T. Charlton, Counsel for Cynthia Artis, Artis v. Bernanke, on C-Span in 2002; A note on John Roberts and Antonin Scalia

Federal Reserve Board: Brief for case involving claim of racial discrimination; Artis v. Bernanke, 2011 decision of the D.C. Circuit Court of Appeals

The D.C. Circuit, vacating the decision of the district court and remanding the case to the district court, held that where counseling produces sufficient information to enable the agency to investigate the claim, that counseling purpose has been served. The court determined that the class members did provide meaningful information about specific instances of discrimination in the January 17 Resubmission document and offered corresponding allegations of discrimination against individual class agents. Such information, the D.C. Circuit reasoned, was enough for the Board to investigated and try to resolves the claims of the class members.

The Fed’s Chair Has Sole Accountability for the Board’s Diversity and Inclusion

The Chair of the Federal Reserve Board is a Presidentially appointed and Senate-confirmed position. As such, the complete accountability belongs to the Chair. The Chair can have other advise him or her, but the accountability for results is 100 percent on the Chair, without exception. Shiela Clark cannot be relied upon, as she was involved … Continue reading The Fed’s Chair Has Sole Accountability for the Board’s Diversity and Inclusion

Federal Reserve Board: Board Issued 2018 Office of Minority and Women Inclusion Report; Slightly More Clarifying Information Included; Despite that Caution Still Advised

Given the issues presented by the IG previously and with the long running time of the now-ended Artis v. Greenspan Bernanke Yellen case, the Board’s activities with regard to diversity and inclusion remain an issue of moderate to grave concern until demonstrable, sustained and consistent improvement is shown. Meetings, scorecards, and reports are a start, but insufficient compared to firm and visible results.