At the height of the civil rights movement, Andrew Brimmer became the first African-American governor of the Federal Reserve Bank of New York on Feb. 26, 1966. He was appointed to the position by President Lyndon B. Johnson.
Before becoming a governor, Brimmer was a staff economist at the Federal Reserve, who had received his Ph.D. from Harvard Business School, and was deputy assistant secretary of commerce under President John F. Kennedy.
READ MORE: On This Day In Black History FEB 26 Andrew Brimmer became first Black governor of the Federal Reserve
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Posted By: Dea. Ron Gray Sr.
Monday, February 26th 2024 at 11:52AM
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