InvestmentsTop Global NewsMarketsReal Estate Too white, too male: Fed takes on diversity one bank board member at a time By financialnews_rlv83x - February 27, 2020 0 98 The Federal Reserve, long criticized for being too white and male, crossed a substantial milestone last year: for the first time in its 107-year history, white men held fewer than half of board seats at the Fed’s 12 regional outposts.