The Federal Reserve Bank of Boston has not responded to requests for documents related to “woke” initiatives even after half a year, the top Republican on the Senate Banking Committee says.
Sen. Pat Toomey first demanded answers from the regional bank in May and sent along a seven-page letter to then-Boston Fed President Eric Rosengren. In the letter, he detailed what his office has dubbed “woke mission creep” by Fed banks. The Boston Fed and other regional banks have published politically charged research involving hot-button topics such as race, gender, and climate change. The Pennsylvania Republican had also sent similar letters to other regional banks, including Minneapolis and Atlanta, which requested documents and records related to their programs.
