Tag: Federal Reserve

UAW PRESIDENT RAY CURRY ISSUES STATEMENT ON PRESIDENT BIDEN’S APPOINTMENTS TO THE FEDERAL RESERVE

Detroit – “President Bidens’ appointment of Professor Lisa Cook and Philip Jefferson to the Federal Reserve’s Board of Governors is a breath of fresh air as they bring much needed diversity and with that a deeper appreciation as to how the Fed influences the daily lives of all UAW members, retirees and working Americans throughout the country.  Workers are increasingly impacted by climate change and the advent of new technologies. Meanwhile, unfair lending practices and discrimination in our financial markets continue to create roadblocks for people pursuing the American dream. Working Americans need board members who will deepen the Fed’s understanding ... Read more