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Memorandum to Board of Governors, Box 19, Folder 6, Item 31

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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Smith, J. J. Memorandum to Board of Governors, Box 19, Folder 6, Item 31, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/460154, accessed on May 29, 2022.

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Subject: Production of Transamerica Reports of Examination; legal opinion of the Board's special counsel in the Transamerica case on whether the Board should release copies of the company's examination reports for 1943-1946.

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