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Senate GOP candidate Blake Masters suggests diversity at Federal Reserve is harming the economy

Posted on AllSides August 30th, 2022
From The Left
Bill Clark / CQ Roll Call via AP file

Blake Masters, the GOP nominee for a Senate seat in Arizona, suggested in a sarcastic tweet this week that the sluggish economy and the high rate of inflation were tied to diversity in the high ranks of the Federal Reserve.

"Finally a compelling explanation for why our economy is doing so well," Master, who has been endorsed by for President Donald Trump, wrote Sunday in retweeting an Associated Press article with the headline: "Fed tackles inflation with its most diverse leadership ever."

The article noted that more female, Black and gay officials...

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