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.]
Introduction For several years, the blog has covered topics related to an employment discrimination case titled Artis v. Greenspan. Plaintiff’s counsel was Walter T. Charlton. As the case proceeded nearly 19 years, the case citation changed with the change in Board Chairs. Hence, the blog has referred to the case as Artis v. Greenspan Bernanke … Continue reading Artis v. Greenspan (Bernanke Yellen): An Observation
On April 1, 2016, the District of Columbia Circuit Court of Appeals issued a mandate of its December 21, 2015, order, which summarily affirmed the dismissal of the appellants’ appeal. The court determined that the record was replete with examples of appellants’ misconduct at the district court level.
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
Following a dismissal with prejudice in the United States District Court for the District of Columbia, the plaintiffs filed an appeal with the U.S. Court of Appeals for the District of Columbia Circuit in September 2015 (docket number 15-5260, available at http://www.pacer.gov.
The tragedy of this case was the incredible length of time and waste of precious resources to resolve a claim of employment discrimination. It shows why there must be alternative dispute resolution for these type of cases.
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.
H.4.1 Release–Factors Affecting Reserve Balances
Total factors supplying reserve funds (as of May 16, 2018): $4,385,194 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
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
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.