Letter to Fred M. Vinson, Box 70, Folder 10, Item 3

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.
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Eccles, Marriner S. (Marriner Stoddard), 1890-1977. Letter to Fred M. Vinson, Box 70, Folder 10, Item 3, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/460689, accessed on March 30, 2023.

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Additional recommendation on behalf of the Federal Open Market Committee to eliminate the preferential discount rate; the issue had previously been deferred in the summer of 1945 at the request of the Treasury Department.

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