Atlanta Fed Reviews Meeting Site Amid Confederate Flag Debate

The Federal Reserve Bank of Atlanta said it will weigh criticism of the public display of Confederate flags at Stone Mountain State Park in Georgia as it determines whether to hold an annual conference there in the future.

“The Atlanta Fed is committed to diversity and is sensitive to the concerns raised surrounding the display of Confederate flags,” spokeswoman Jean Tate said. “The concerns raised by the display of the flags will be a part of the evaluation process going forward.”

South Carolina Governor Nikki Haley called for removing the Confederate battle flag from the State House grounds after the fatal shooting of nine people in a historic black church in Charleston last month.

State Representative LaDawn Jones, Democrat from Atlanta, has called for a boycott of the park until the flags are moved, the Atlanta Journal-Constitution reported. The flag is displayed at Stone Mountain, outside of Atlanta, as well as carvings of Confederate President Jefferson Davis and General Robert E. Lee.

Speakers at Stone Mountain have included Fed Chair Janet Yellen, via video link, former Chairman Ben S. Bernanke and Vice Chairman Stanley Fischer. The conference was last held March 30 to April 1.

The Atlanta Fed moved its financial markets conference from its prior most regular homes, at coastal Georgia’s Jekyll Island and Sea Island, partly to reduce expenses in the wake of the 2007-2009 recession.

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