LearnChair Radio host Bob Dragone interviews Danielle DiMartino Booth, the founder of Money Strong LLC and the former advisor to Richard W. Fisher of the Federal Reserve Bank in Dallas. Danielle is the author of, FED UP, An Insider’s Take on Why the Federal Reserve is Bad for America. Danielle explains what prompted her to write the book and why she is critical of the Fed’s broken policies. The interview focuses on Danielle’s views of leadership at the Fed beginning with the Fed’s mishandling of the subprime mortgage crisis a decade ago. She looks at the role politics plays in the Fed’s policies and the critical role played by the current Fed chairman. The Fed has been criticized for a lack of diversity, which Danielle explains both in terms of race and gender as well as a lack of diverse backgrounds among Fed leaders. Danielle looks at the technical challenges the Fed now faces to modernize the organization’s cybersecurity procedures and information management systems. Her list of important characteristics of a good leader highlight integrity as a primary one for all worthy leaders. Danielle’s interview sheds light on a host of current issues affecting the Federal Reserve and why we should care.
