As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
Sen. Kamala Harris, D-Calif., wants to require regional banks in the Federal Reserve System to interview minority and female candidates when they hire presidents.
The rule would be analogous to the NFL’s “Rooney Rule,” requiring teams to interview minority candidates for open head coaching jobs.
Harris, a California Democrat speculated to be in the mix for the presidential contest in 2020, introduced legislation to make the rule mandatory.
The article goes on to state the following:
“It’s long past time the Federal Reserve do more to guarantee that their heads of the table reflect those they serve,” she said.
Additionally, the legislation would change the title of the top Fed official from “chairman” to “chair.”
To weigh in on this information provided by WASHINGTONEXAMINER.COM, engage in our LIVE CHAT below. Scroll down.
For more on this story, click the "read more" button below.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.