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Dallas federal reserve chief agrees that ‘systemic racism’ is a drag on US economy

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The president of the Federal Reserve Bank of Dallas on Sunday said he agreed with his Atlanta counterpart that “systemic racism” is a drag on …
The president of the Federal Reserve Bank of Dallas on Sunday said he agreed with his Atlanta counterpart that “systemic racism” is a drag on the U. S. economy.
Robert Kaplan, who has served as the president and CEO of the Federal Reserve Bank of Dallas since 2015, made the comments during an appearance on CBS’ “Face the Nation.”
Asked by host Margaret Brennan whether he agreed with Atlanta Federal Reserve Bank President Raphael Bostic’s quote last week that “Systemic racism is a yoke that drags on the American economy” and that the U.

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