Where are the Black and brown faces in the Federal Reserve system?

Jan 5, 2022

Where are the Black and brown faces in the Federal Reserve system?

The first Black Federal Reserve governor wasn't until 1966. Daniel Slim/AFP via Getty Images

Also today: Susan Schmidt joins us for a markets discussion on a day when reportedly more than 800,000 jobs were added to private payrolls in December. The pandemic actually helped boost the sports collectibles market – is it poised for repeat business in 2022?

Segments From this episode

A look at the Federal Reserve's historical lack of diversity

by Nancy Marshall-Genzer

Jan 5, 2022

There wasn't a Black member of the Fed's board of governors until 1966. Part of the problem: too much emphasis on Ivy League economists.

“If you’re intentionally creating a talent pool that is nondiverse, then you’re probably going to end up with a nondiverse outcome," Georgetown Law professor Chris Brummer says. Above, the Federal Reserve building in Washington, D.C.

Daniel Slim/AFP via Getty Images

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Will the sports collectibles market have another good year?

by Matt Levin

Jan 5, 2022

The trading card business has soared during the pandemic. In the future, innovation may help drive growth.

A man sells vintage baseball cards outside Yankee Stadium. The trading card industry is marketing to millennials now.

Chris McGrath via Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Jesson Duller Media Producer

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