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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Patman, Wright, 1893-1976 and United States. Congress. House. Letter to Mr. Eccles, Box 29, Folder 10, Item 3, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/462856, accessed on May 3, 2024.
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Includes H. R. 4761, a bill to amend the National Housing Act. The legislation was intended to curb real estate speculation and stabilize housing prices.
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