Fed's Kashkari Gets an Earful After Delving Into New Territory
- Minneapolis Fed chief offers education reform ideas in speech
- Audience members criticize his remarks on ‘failing’ schools
Fed's Kashkari Says Dissent Aimed to Protest, Influence
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Neel Kashkari dove into unusual territory for a Federal Reserve official when he discussed his thoughts on school reform, and it didn’t go down well with a room full of education experts.
Kashkari, president of the Minneapolis Fed, said in a speech in Washington on Thursday that he was “committed to fixing a system that is failing,” while laying out a set of broad reform ideas. Those included proposals such as shutting down failing schools and replacing management and staff who don’t improve.