Federal Reserve Banks of New York and Philadelphia

United States

Part of the Federal Reserve System, these banks are responsible for conducting monetary policy and providing financial services.

CCI Score

47.54

-0.20% May 31

Latest Event

Publication of Labor Relations Policy

The Federal Reserve Banks of New York and Philadelphia have established Part 269—Policy on Labor Relations, a regulatory framework that defines what constitutes a labor organization and outlines the procedures for addressing employee grievances and concerns related to working conditions. This policy sets a clear protocol for labor representation interactions.

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LEADER

Federal Reserve Banks of New York and Philadelphia is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

OCT

01

2023

Publication of Labor Relations Policy
50.78

The Federal Reserve Banks of New York and Philadelphia have established Part 269—Policy on Labor Relations, a regulatory framework that defines what constitutes a labor organization and outlines the procedures for addressing employee grievances and concerns related to working conditions. This policy sets a clear protocol for labor representation interactions.
+60

Labor Relations and Human Rights Practices

April 22

The establishment and publication of a clear labor relations policy demonstrates a commitment to fair labor practices and transparent communication with employee representation groups. By formally defining labor organizations and setting out grievance procedures, the policy supports workers' rights and strengthens internal accountability, reflecting a progressive approach to labor relations.

Part 269—Policy on Labor Relations for The Federal Reserve Banks
NOV

03

2020

Federal Reserve Staff Boost Political Donations to Democrats
44.29

Federal Reserve staffers significantly increased their political donations during the 2020 election cycle, with the New York Fed contributing approximately $125,079, the majority of which went to Democratic campaigns. This shift marks a notable trend compared to previous cycles where donations were more bipartisan.
+70

Political Contributions and Lobbying Efforts

April 22

The article highlights a marked increase in political donations by Federal Reserve staffers, with a strong leaning towards supporting Democratic candidates. This serves as an example of public political behavior that aligns with progressive values and resistance to authoritarian tendencies. Such contributions, especially when heavily weighted towards Democrats, can be seen as anti-fascist in the current political context.

Federal Reserve staffers boost political giving to Democrats