Carola Binder is a former Visiting Fellow at the Roosevelt Institute and Assistant Professor of Economics at Haverford College.

The Federal Reserve as we know it today is the product of more than a century of evolving economic theory and political and social compromise. The monetary, regulatory, and supervisory policy choices of the Fed shape macroeconomic and financial conditions in the U.S. and abroad and have long-term impacts on economic inequality. By reforming Federal

As presented at a congressional briefing hosted by the House Full Employment Caucus on December 1, 2015. Congressman Conyers and members of the Full Employment Caucus, thank you for the privilege of speaking to you today on the issue of the Federal Reserve accountability to the public—a topic of perennial importance that has become even more