A Roadmap for the Federal Reserve
The Federal Reserve is one of the most critical players in the goal to reorient financial regulation towards serving as a tool for economic and racial justice. Now that the Fed has a full board, including a long-awaited Vice Chair of Supervision, bold action should immediately be taken to both undo the harmful policies implemented by the Trump
Administration and set policy that will lead to a more inclusive economy.
The Federal Reserve’s priorities should be to:
1) Reverse deregulatory actions under the Trump Administration
2) Complete Dodd-Frank rulemaking
3) Reimagine a more equitable and sustainable financial system