Defending Federal Reserve Independence and Black Leadership

Joint Center President Dedrick Asante-Muhammad penned an op-ed in Word in Black condemning President Donald Trump’s attempt to dismiss Federal Reserve Board of Governers Dr. Lisa D. Cook from her seat and his attempt to threaten the independence of the Federal Reserve. Asante-Muhammad also acknowledged the importance of the Joint Center’s coalition of leading civil rights, economic justice, and policy organizations to stand with Dr. Cook at a time like this.

From the op-ed: “When President Trump attempted to remove Federal Reserve Governor Dr. Lisa D. Cook from her post, he didn’t just target one individual. He threatened the independence of the Federal Reserve and sent a chilling message to every leader serving in public life: no matter your qualifications, your service is never safe from political retribution. This action is also another case of President Trump attempting to delegitimize Black leadership across the highest levels of American government.”

Click here to read the full piece. This piece was also reposted in Common Dreams and the Washington Informer.