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house Bill H.R. 281

Should the Fed be Required to Interview Diverse Candidates for Federal Reserve Bank President Positions?

Argument in favor

The Federal Reserve has historically done a poor job of ensuring women and minorities serve in leadership positions in the organization. This bill would create accountability to ensure that the Fed interviews diverse candidates when bank president positions open up in the Regional Banks.

IllWill's Opinion
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09/10/2019
There are plenty of well-qualified women and minority candidates for Fed President that may never even get a chance to be interviewed because unfortunately there is still racial and gender prejudice in the way that people are hired. Forcing the Federal Reserve to interview a broader range of candidates will undoubtedly improve the diversity of their staff and their understanding of how their policies affect the average American.
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09/10/2019
Yes. Interview a diverse group of individuals for every position. It’s truly important.
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Juli's Opinion
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09/10/2019
All positions should require this, why should the fed be different. Only the highly qualified candidates will be considered, but there are plenty of qualified candidates who might not otherwise get the opportunity.
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Argument opposed

The Federal Reserve has made great progress on diversity and inclusion recently under the leadership of former Chairwoman Janet Yellen and current Chairman Jerome Powell. There’s no need to create additional, burdensome reporting requirements at the Fed when it’s already acting on this issue.

jimK's Opinion
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09/10/2019
Leave the FED alone! I strongly support policies that ensure that diverse candidates are not excluded from full, fair evaluation of their abilities in selection processes- but I also feel that we must avoid added legislated oversight of Fed policies and procedures that can even be perceived as politicalization. It is enough for Congress to encourage the Fed to consider a diverse field of candidates and expand existing oversight audits. If any internal appointment made by the Fed is more exposed to legislated political oversight, appointments can be challenged and expose the Fed to crippling litigation- and reduce the world-wide trust that the Fed is fair and free from political influence; trust which must be maintained if our currency is to remain the de facto standard for international banking. The goals of this legislative proposal are honorable- but any additional political oversight into the Fed really opens the door to politicizing the Fed, and even the appearance that this may be happening must be avoided.
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Sean's Opinion
···
09/10/2019
Sure, let’s make the NBA more diverse by having more white players also. This idea is dumb and ineffective. You should hire people based off skill not ethnicity. Denying someone based off skin color alone is the definition of racism, yes, even if they’re white. This goes for all applicants for jobs, schools and sports. Having a minority “quota” is more divisive than it does good.
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JTJ's Opinion
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09/10/2019
More racist policies from the party of racism.
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    There are plenty of well-qualified women and minority candidates for Fed President that may never even get a chance to be interviewed because unfortunately there is still racial and gender prejudice in the way that people are hired. Forcing the Federal Reserve to interview a broader range of candidates will undoubtedly improve the diversity of their staff and their understanding of how their policies affect the average American.
    Like (24)
    Follow
    Share
    Leave the FED alone! I strongly support policies that ensure that diverse candidates are not excluded from full, fair evaluation of their abilities in selection processes- but I also feel that we must avoid added legislated oversight of Fed policies and procedures that can even be perceived as politicalization. It is enough for Congress to encourage the Fed to consider a diverse field of candidates and expand existing oversight audits. If any internal appointment made by the Fed is more exposed to legislated political oversight, appointments can be challenged and expose the Fed to crippling litigation- and reduce the world-wide trust that the Fed is fair and free from political influence; trust which must be maintained if our currency is to remain the de facto standard for international banking. The goals of this legislative proposal are honorable- but any additional political oversight into the Fed really opens the door to politicizing the Fed, and even the appearance that this may be happening must be avoided.
    Like (18)
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    Share
    Sure, let’s make the NBA more diverse by having more white players also. This idea is dumb and ineffective. You should hire people based off skill not ethnicity. Denying someone based off skin color alone is the definition of racism, yes, even if they’re white. This goes for all applicants for jobs, schools and sports. Having a minority “quota” is more divisive than it does good.
    Like (15)
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    Yes. Interview a diverse group of individuals for every position. It’s truly important.
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    More racist policies from the party of racism.
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    All positions should require this, why should the fed be different. Only the highly qualified candidates will be considered, but there are plenty of qualified candidates who might not otherwise get the opportunity.
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    Next time your university, business, education board, or news panel touts their diversity in gender, race, or sexual identity, asked them if they have diversity of thought...as in do they have any conservative representation. I bet they are not as diverse as they claim and instead function within an echo chamber.
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    Just pick the best person! No diversity picks! Just best person for the job!!
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    Hire the best candidate whom ever they are. This kind of diversity policy is racist.
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    Best person period
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    This may be a good method of dealing with the subconscious bias that most people possess.
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    Enough of this. Just put in the Best Person. People wanted a black president for a first time history making and we got the worst president ever. Did nothing for the blacks. He just filled his Pockets with our money.
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    How about we just interview the best candidates, and stop worrying about idiocy like quotas and "diversity"? If the best candidate is part of "diversity", so be it, if not, then let the best candidate win.
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    I thought trump based positions on how badly they screwed the poor and how much money they made.
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    Should be based on how much knowledge you have not your race
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    People are just people some are men some women some are darker some lighter in color so lets put that aside and find out who would do the best job and go with that person. Why divide us all up.
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    Hiring should be basex on competency, not diversity.
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    The fed should stick to interviewing QUALIFIED candidates regardless of race, gender etc. rather than trying to fulfill some mandate for ‘diversity’, the very thing that is beginning to hurt our education system and government service positions where the color of one’s skin could take precedence over ability to do job.
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    Hiring should be based on skill not the color of our skin. Requiring hiring based on number of people of certain ethnicity or sex or gender preferences just as prejudiced as anything ever involving prejudice. I want to be hired because I’m considered the best for the job. Ethnicity and other such questions should be hidden from those choosing resumes and hiring questionnaire documents.
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    It’s time for questionable old white guys to give way to others in running this country.
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