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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Board of Governors of the Federal Reserve System (U.S.), 1935-. Summary of Proposed Program, Box 26, Folder 10, Item 5, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/460870, accessed on April 19, 2024.
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Drafter of economic proposals including: imposition of an interest charge on Federal Reserve notes for transferring excess reserves, payment guidelines for future bill issues payment, and decision to discontinue a fixed buying rate for bills.
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