Rep. Pressley On How The Fed Can Fight Racial Inequality

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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

In the United States, Black Americans have experienced persistently higher levels of unemployment than their White counterparts. While the Fed has focused on aggregate unemployment levels, racial disparities has historically not been a major focus. On this episode, our guest says it should be. Massachusetts Representative Ayanna Pressley argues that monetary policy can and should be a tool of ending racial inequality. She discusses the history of this idea, and how it can work in practice. Rep. Pressley also talked to us about progressive economic policies for the future.

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