Atlanta Fed chief: Workplace diversity will boost US economy

Raphael Bostic, president of the Federal Reserve Bank of Atlanta. (Grace Walker/WABE)

The head of the Federal Reserve Bank in Atlanta says workplace diversity is not only a moral issue, but will boost the U.S. economy.

Raphael Bostic spoke to the Atlanta Journal-Constitution in a story published on Saturday. He’s been named the 2022 chair of the Metro Atlanta Chamber of Commerce.

Bostic four years ago became the first Black and the first openly gay person to head a regional bank. The Atlanta Federal Reserve district is made up of Alabama, Florida, Georgia and parts of Louisiana, Mississippi and Tennessee.