Title:

Extract from Minutes of the Board, Meeting of February 6, 1942, Box 19, Folder 2, Item 2

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
Save & Share
less

Board of Governors of the Federal Reserve System (U.S.), 1935-. Extract from Minutes of the Board, Meeting of February 6, 1942, Box 19, Folder 2, Item 2, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/465603, accessed on September 26, 2022.

More Information
less

Regarding agreement by Crowley, Delano, and Eccles to adopt a uniform policy of refusing permission for the expansion of branch banking by Bank of America or Transamerica; discusses legislation to restrict expansion of bank holding companies.

Limited Use