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Exclusive-U.S. Treasury names former JP Morgan executive as racial equity czar -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: The U.S. Treasury constructing is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photograph

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen has named Janis Bowdler, a Latina activist and former head of the philanthropic arm of JP Morgan Chase (NYSE:), because the first-ever counselor for racial fairness on the Treasury Division, a Treasury official mentioned on Monday.

The transfer comes after a racial fairness assessment at Treasury in the course of the first 200 days of the Biden administration confirmed the necessity for a champion to move financial coverage initiatives to advance racial fairness, the official mentioned.

Bowdler can even work to arrange an exterior racial fairness advisory committee at Treasury, together with lecturers, researchers, group activists and advocates.

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