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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Giannini, L. M. (Lawrence Mario). Letter to Lawrence Clayton, Box 020a, Folder 16, Item 5, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467519, accessed on March 26, 2023.
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Regarding past discussions of Clayton accepting position with Bank of America; Giannini mentions concerns that such a move would raise concerns in high-level bank supervision circles.
- Banks and banking
- Board of Governors of the Federal Reserve System (U.S.), 1935-
- Federal Reserve Board, 1914-1935
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