First Black Member of U.S. Federal Reserve Dies

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2012/10/fed-reserve.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:302;s:6:"height";i:167;s:4:"file";s:23:"2012/10/fed-reserve.jpg";s:5:"sizes";a:3:{s:9:"thumbnail";a:4:{s:4:"file";s:23:"fed-reserve-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:21:"fed-reserve-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:23:"fed-reserve-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:0;s:14:"optimized_size";i:0;s:7:"percent";i:0;}s:5:"sizes";a:1:{s:4:"full";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}}}
        )

    [_imagify_status] => Array
        (
            [0] => already_optimized
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

)
1654839468 
1350000000

First Black Member Of U.S. Federal Reserve, Former Tuskegee University Board of Trustees Chair Dies

 

Andrew F. Brimmer, the former chair of the Tuskegee University Board of Trustees, died on Oct. 7. He was 86.

“If, as Booker T. Washington asserted, a man should be judged by the obstacles he had to overcome in life, then Dr. Andrew F. Brimmer was indeed a giant and his lifetime accomplishments should continue to be an inspiration to future generations,” said Tuskegee University President Gilbert L. Rochon.

Brimmer was an economist who became the first black member of the U.S. Federal Reserve Board. In 1963, President John F. Kennedy appointed Brimmer deputy assistant secretary for economic policy in the U. S. Department of Commerce. President Lyndon B. Johnson promoted him to assistant secretary for economic affairs in 1965. In 1966, President Johnson appointed him to a 14-year term as a member of the Board of Governors of the Federal Reserve System. He was the first black person to serve on the board since its founding in 1913. After serving nearly nine years, Brimmer resigned from the Federal Reserve in 1974 to teach at Harvard University’s Graduate School of Business.

He was elected to the Tuskegee University Board of Trustees in 1965 and became chair in 1982. Brimmer retired in October 2010 after serving the board for 45 years. He was Tuskegee’s ninth board chair for 28 years.

 

Drug deaths plummet among young Americans as fentanyl carnage eases

U.S. drug deaths dropped by roughly 40% last year among people under the age of 35. It's a welcome pivot for families and communities devastated by fentanyl.

What happened when Lyndon Johnson federalized the National Guard

President Lyndon B. Johnson federalized the National Guard in 1965, calling on troops to protect civil rights advocates who were marching from Selma, Ala., to Montgomery.

Trump mobilizes Marines for duty in Los Angeles

U.S. Northern Command says the infantry battalion would be supporting the National Guard troops "who are protecting federal personnel and federal property in the greater Los Angeles area."

RFK Jr. boots all members of the CDC’s vaccine advisory committee

Health Secretary RFK Jr. has removed all 17 members of the CDC's Advisory Committee on Immunization Practices. He says replacing them with new members will help restore 'public trust' in vaccines.

Justin Baldoni’s $400 million defamation suit against Blake Lively dismissed

Baldoni's $400 million lawsuit was in response to Lively accusing him of sexual harassment on the set of It Ends With Us.

Sly Stone, visionary funk frontman of the Family Stone, has died at age 82

The musical visionary led a multi-racial funk band that produced five Top 10 hits in the late 1960s and early '70s.

More Economy Coverage