More than 120 members of Congress say the Federal Reserve has a striking diversity problem similar to the one that hit Hollywood's Academy Awards the past two years, and it's harming the economic prospects of millions of Americans.
You could call it #FedSoWhite.
The lawmakers -- including Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), as well as Reps. Maxine Waters (D-Los Angeles) and John Conyers (D-Mich.) -- wrote to Fed Chairwoman Janet L. Yellen on Thursday complaining about what they called "the disproportionately white and male" leadership at the nation's central bank.
"Given the critical linkage between monetary policy and the...