Center for Popular Democracy — Fed Up Campaign (2019)

Organization:
Center for Popular Democracy
Award Date:
11/2019
Amount:
$600,000
Purpose:
To support the "Fed Up" campaign.

Open Philanthropy recommended a grant of $600,000 over two years to the Center for Popular Democracy (CPD) to support the "Fed Up" campaign. The campaign aims to encourage more accommodative monetary policies and greater transparency and public engagement in the governance of the Federal Reserve. As labor market conditions have improved, Open Philanthropy has become less confident about the appropriate short term stance of monetary policy, but it continues to believe it to be worthwhile to support the campaign through the next recession, when its advocacy might be especially useful and when Open Philanthropy could better evaluate its impact.

This follows Open Philanthropy's 2014, 2015, 2016, 2017, and 2018 support to CPD and falls within its focus area of macroeconomic stabilization policy. 

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