The first-of-its-kind committee will provide advice and recommendations to Secretary Yellen and Deputy Secretary Wally Adeyemo on efforts to advance racial equity in the economy and address acute disparities for communities of color.
According to a Fox News article. Felicia Wong, the Vice Chair, has some radical views:
Wong is a former executive at the Democracy Alliance, a network of liberal megadonors founded in part by billionaire George Soros. Since 2012, she has led the Roosevelt Institute, a liberal think tank that wants to abolish for-profit prisons, reimagine capitalism, and put racial justice at the “center” of all government policymaking.
Last year, the Roosevelt Institute published a report co-authored by Wong, titled, “A New Paradigm for Justice and Democracy,” which argued that “all policy, from vaccine distribution to higher education funding to tax reform, will have racialized effects. Recognizing this reality, and always considering race in policy design, is therefore vital.”
The Chairman is former Philadelphia Mayor Michael Nutter, who famously created Philly’s sanctuary city status.
The remaining members are:
Valerie Red-Horse Mohl
Barika X. Williams
Although this committee will be advising the Secretary of the Treasury on policy issues, current regulations mean they likely will not have to file financial disclosures.