Report | Economic Growth

Making the Federal Reserve Fully Public: Why and How

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This paper describes why the Federal Reserve Bank should be fully public and proposes a set of sensible and nonpartisan legislative actions to create that change and enhance public accountability and transparency. The authors argue that the lack of diversity and public representation at the Federal Reserve Bank, which results in undue emphasis on doing what is best for the market as opposed to what is best for workers, should be reversed.

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