Changing the Federal Reserve’s mandate could provide a down payment on ending racial inequality

An op-ed by William Rodgers discusses a Congressional proposal whereby the Federal Reserve would gain a new task: reducing racial inequality. Dr. Rodgers addresses how the proposal could tackle Black unemployment, provide Blacks with more opportunity for credit, and provide a forum for reporting on racial, ethnic, gender, and educational gaps in income and wealth.

MarketWatch, August 19, 2020