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Speech – Focusing on Low- and Moderate-Income Working Americans

Speech by Governor Sarah Bloom Raskin At the National Community Reinvestment Coalition Annual Conference, Washington, D.C. March 22, 2013

  • “In my remarks, I will start by discussing the types of jobs being generated in the current recovery. Certainly, the pace of recovery in employment has improved, but it’s important to look at the types of jobs that are being created because those jobs will directly affect the fortunes and challenges of households and neighborhoods as well as the course of the recovery. I will then suggest that we think about how the absence of a substantial number of new high-paying jobs, when combined with changes in the landscape for financial services, affects access generally to affordable, sustainable credit. Finally, I will explore some of the monetary, supervisory, and regulatory touchpoints in which the situation and prospects of low- and moderate-income working Americans can be addressed.”
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