Powell’s Fed Getting More Diverse, But Big Gaps Remain

The Senate's sign-off last week on Jerome Powell's second term as head of the Federal Reserve leaves the helm of the U.S. central bank in the hands of a white male, just as it has been for most of its 108-year history. But later this summer, for the first time, white men will account for fewer than half of the Fed's policymakers. By September, eight of the 18 officials who…