US financial supervision system seriously lacks African -American
September 23, 2020 09:10 Source: "China Social Sciences", September 23, 2020, Issue 2017 Author: Reporter Hou Li

Newspaper Boston, September 20th (Reporter Hou Li) The Institute of International Economics Law of Georgen University and the Brookings Society recently held a video conference with the theme of "Where is African Financial Supervisor",Discuss the absence of African Americans in the financial regulatory session and related negative effects。

Scholars of the participating scholars,Lack of African Bet365 lotto review -American figures in US financial regulators。In the entire federal financial regulatory system,African -American generations collectively "disappear",Only a few cases have occurred。Specific speaking,US Securities and Exchange Commission、The Commodity Futures Trading Commission and many other financial regulatory agencies have no African Commissioner at all。Regardless of the Democratic Party or Republican ruling,It is difficult to see the figure of African Americans among the financial regulators appointed by the government。

Chris Brummer, a professor at the Institute of International bet365 Play online games Economics Law, Georgeton University of Law, said,Among a country with a population of 13.4%of African -American Americans,Since 1900,generated more than 140 African -American Congress。Current,At least 140 African -American judges such as federal courts such as American levels。Even in the board of the Fortune 500 companies,There are still about 11%of new directors.。From the perspective of democracy and economic tolerance,The absence of African -American in US financial regulators is very serious,worthy of attention。

Brumel thinks,The task of the financial regulatory agency is responsible bet365 live casino games for formulating policies,​​And these policies determine how to manage trillions of US dollars of US assets,How to allocate these wealth in society。During the period of economic difficulties,Financial regulatory agencies will also make key decisions on how to allocate financial assistance,and responsible for implementing important laws,For example。The behavior of financial regulatory agencies is important to solve the problem of inequality of race and income。But,Absence of African Americans in the field of financial supervision,Make them unable to participate in major decisions,and therefore aroused a series of negative effects。

bet365 Play online games Participants' appeal,Financial Media、Related non -profit organizations、Special interest groups and scholars should strengthen this phenomenon,To increase the number and status of African -American in the field of financial supervision。

Editor in charge: Cui Cen
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