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Racism and the Economy: Focus on the Wealth Divide

We invite you to join us on Wednesday, October 20, 2021, from 12:00 p.m. to 2:30 p.m. EDT (11:00 a.m. to 1:30 p.m. CDT) for Racism and the Economy: Focus on the Wealth Divide. This is the ninth installment in our virtual event series, which examines the impact of structural racism on our economy and advances ideas to improve economic outcomes for all Americans.

The ninth installment of our virtual event series focuses on how racialized barriers to wealth accumulation deny families and communities long-term economic mobility and financial resiliency. Wealth is usually defined as the value of one’s assets minus debt, and it serves as a critical component of economic opportunity in the United States. Opening speakers will examine past and present structures and institutions that contribute to persistent wealth disparities. A panel of practitioners, scholars, and community leaders will propose and discuss bold strategies to finally reverse these trends. The Federal Reserve has long studied wealth disparities because equal access to wealth is so important to achieving full employment and an inclusive economy. 

Speakers:

  • Mehrsa Baradaran, Professor of Law, University of California Irvine School of Law

  • Raphael Bostic, President, Federal Reserve Bank of Atlanta

  • James Bullard, President, Federal Reserve Bank of St. Louis

  • Charles Evans, President, Federal Reserve Bank of Chicago

  • Matthew Fletcher, Professor of Law and Director of the Indigenous Law & Policy Center, Michigan State University

  • Neel Kashkari, President, Federal Reserve Bank of Minneapolis

  • Noel Poyo, Deputy Assistant Secretary for Community Economic Development, U.S. Treasury Department

  • Eric Rosengren, President, Federal Reserve Bank of Boston

More speakers to be added.