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 10, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/462729, accessed on September 28, 2022.
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Confidential letter advising Treasury Secretary Vinson the Federal Reserve Banks reserved the right to eliminate the preferential discount rate despite objections from the Treasury Department.
- Banks and banking
- Board of Governors of the Federal Reserve System (U.S.), 1935-
- Federal Reserve Board, 1914-1935
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