Senate GOP candidate Blake Masters suggests diversity at Federal Reserve is harming the economy
GOP Senate nominee Blake Masters suggested in a sarcastic tweet that the sluggish economy and high inflation were tied to diversity at the Federal Reserve.
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 former 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 are now weighing in on interest-rate decision-making than ever before in the central bank's more-than-100-year history.
Masters defended his remarks Monday in a video on Twitter.
“I don’t care if every single employee at the Fed is a Black lesbian as long as they’re hired for their competence and not because of what they look like or who they sleep with,” Masters said. “News for Joe Biden: We are done with this affirmative action regime.”
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