Taking a Federal Reserve Official on a Tour of South Central L.A.

Taking a Federal Reserve Official on a Tour of South Central L.A.

The Greenlining Institute was still a new organization in 1995. We’d just had our first Economic Development Summit the year before, featuring U.S. Sen. Barbara Boxer and Congresswoman Nancy Pelosi, and in 1995 we did something that apparently no one had thought of before: We took Federal Reserve Vice Chairman Alan Blinder on a tour of South Central L.A. – the sort of neighborhood where federal financial regulators never set foot, a community totally outside their experience. My day job back then was working for the Urban League in Arizona, where I’d moved two years earlier. I’d been on the board of Public Advocates where Bob Gnaizda was working, and…
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