George and Lacker push back against calls for Fed governance reform

Fed presidents argue current arrangements protect independence

esther-george
Esther George

Two regional Federal Reserve presidents resisted calls for a shake-up of governance at their institutions during testimony on September 7.

Esther George of the Kansas Fed and Jeffrey Lacker of the Richmond Fed both argued the current model helps protect the regional Feds from meddling by government. Appearing alongside them, however, economics professor William Spriggs said the system was failing to reflect the diversity of local people and did not protect workers' rights.

Under the current

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.