The history behind the Fed’s Humphrey-Hawkins hearing

This week, Federal Reserve Chair Jerome Powell will head to Congress for two days of hearings as required under the Humphrey-Hawkins Act. Today, we’ll trace the little-known history behind this important piece of legislation and explain what it has to do with the civil rights movement and Coretta Scott King. Plus, make me smiles that have us reminiscing about family.

Here’s everything we talked about today:

• • “Republican Votes Helped Washington Pile Up Debt” from The New York Times

• • “Inflation pressures put Powell in spotlight before Congress” from The Associated Press

• • “Understanding the civil rights movement as a labor and economic movement” from Marketplace

• • Full Employment and Balanced Growth Act of 1978 from GovInfo

• • “Biden scraps reliance on market for faith in broader government role” from Washington Post

• • “Toblerone Is Removing the Matterhorn From Its Packaging” from The Wall Street Journal

• • “Virgin chicken wranglers, tired of pricey eggs, are snatching up birds” from The Washington Post

Learn more and register for the March 8 International Women’s Day virtual event with Kimberly: marketplace.org/womensday