A CBO for Racial Inequality?
A new oversight agency should monitor the Federal Reserve’s efforts to reduce racial inequality.
Mehrsa Baradaran is a Professor of Law at the University of California, Irvine School of Law. She is also an Associate Dean for Equity, Diversity and Inclusion. She is the author of two books, How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap.
A new oversight agency should monitor the Federal Reserve’s efforts to reduce racial inequality.