USC professor Raphael Bostic made history on Monday when he was named president of the Federal Reserve Bank of Atlanta, becoming the first African American to lead one of the Fed’s 12 regional banks. “What made Raphael our top choice for the Atlanta Fed president? An Atlanta Fed spokeswoman said he would not be doing interviews until after he starts at the bank. He said he wants housing issues to be more involved in Fed policy discussions. The Atlanta Fed’s search committee responded by asking the public for the first time to submit names of potential candidates.

Source: Los Angeles Times March 13, 2017 14:35 UTC