The Steady Drip

Wednesday, September 23, 2026

Fed's Collins Says She Supported Rate Hike, Warns of Elevated Inflation Risks (Connecting the Dots: Boston Federal Reserve President Susan Collins, The Federal Reserve & The Carnegie/Soros Network)

Fed's Collins Says She Supported Rate Hike, Warns of Elevated Inflation Risks (Connecting the Dots: Boston Federal Reserve President Susan Collins, The Federal Reserve & The Carnegie/Soros Network)

Newsmax

Tuesday, 22 September 2026 11:43 AM EDT

(Andrew Harnik/AP)

https://www.newsmax.com/finance/streettalk/susan-collins-federal-reserve-interest-rates/2026/09/22/id/1270252/

Boston Federal Reserve President Susan Collins wrote Tuesday that she supported the US central bank's decision last week to raise interest rates in the face of risks that future inflation will be above the 2% ‌target.

"I now see an increased likelihood of future scenarios in which inflation remains notably above 2%," Collins wrote on LinkedIn. "With the labor market on a ⁠better footing, monetary policy can focus on a timely return to price stability, especially after five and a half years of too-high ⁠inflation," she said. "A somewhat more restrictive federal funds rate will help ensure that inflation durably returns to target."

The Fed last week raised its interest rate ‌target by a quarter of a percentage point to the 3.75%-4.00% range in ‌an effort to curb price pressures. Policymakers also penciled in another rate increase before the ‌year is out, although Fed Chairman Kevin Warsh, who is averse to providing guidance about future monetary policy, did not affirm ⁠that Fed projection.

Collins, who is ‌not a voting ⁠member of the rate-setting Federal Open Market Committee this year, did not say ⁠in ⁠her posting if she wants rates to go up again.

The current outlook for the Fed ‌is particularly challenging because much of the upward drift in price pressures is from supply shocks, such as the US-Israeli war with Iran, ‌that are hard to counter with ‌tighter monetary policy. The persistence of inflation above the 2% target, however, has pushed Fed officials to move away from looking through what would have once been viewed as transient hits to inflation.

Susan M. Collins (economist)

President of the Federal Reserve Bank of Boston

https://en.wikipedia.org/wiki/Susan_M._Collins_(economist)

Susan Margaret Collins (born 1958/1959)[1] is an American economist who has served as the 14th president and CEO of the Federal Reserve Bank of Boston since July 1, 2022. She is the first African American woman and first woman of color to lead any of the 12 regional Federal Reserve Banks.[2] Collins previously served as the 16th provost and executive vice president for academic affairs of the University of Michigan from 2020 to 2022.

Early life and education

Collins is a naturalized U.S. citizen of Jamaican descent, born in Scotland and raised in New York City.[4][5] She graduated summa cum laude from Harvard University with a Bachelor of Arts in economics in 1980 and earned her PhD in economics from the Massachusetts Institute of Technology (MIT) in 1984.

Career

Collins has held teaching positions at Harvard University, Georgetown University, and the University of Michigan. She also served on the President's Council of Economic Advisers from 1989 to 1990 and was a visiting scholar at the International Monetary Fund in 2001.[7]

She was a senior fellow in the Economic Studies program at the Brookings Institution[8] from 2007 to 2017 and became a nonresident senior fellow after her move to Michigan.

She served on the Federal Reserve Bank of Chicago board of directors from 2013 to 2022

Connecting the Dots:

Susan M. Collins is the president and CEO of the Federal Reserve Bank of Boston, served as the 16th provost and executive vice president for academic affairs of the University of Michigan and a non-resident senior fellow at the Brookings Institution (think tank).

Louis W. Cabot was a director at the Federal Reserve Bank of Boston and is an honorary trustee at the Brookings Institution (think tank).

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the Chairman for the Foundation to Promote Open Society.

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Susan M. Collins is a non-resident senior fellow at the Brookings Institution (think tank), the president and CEO of the Federal Reserve Bank of Boston and served as the 16th provost and executive vice president for academic affairs of the University of Michigan.

Rebecca M. Blank was a senior fellow at the Brookings Institution (think tank) and a professor at the University of Michigan.

James J. Duderstadt is a senior fellow at the Brookings Institution (think tank) and a president emeritus for the University of Michigan.

Susan M. Collins served as the 16th provost and executive vice president for academic affairs of the University of Michigan, is the president and CEO of the Federal Reserve Bank of Boston, a non-resident senior fellow at the Brookings Institution (think tank), and earned her PhD in economics from the Massachusetts Institute of Technology (MIT).

Corporation of the Massachusetts Institute of Technology is the governing body for the Massachusetts Institute of Technology (MIT).

Breene M. Kerr was a life member emeritus for the Corporation of the Massachusetts Institute of Technology and an honorary trustee at the Brookings Institution (think tank).

Laura D'Andrea Tyson was a member of the Corporation of the Massachusetts Institute of Technology and a trustee at the Brookings Institution (think tank).

Shirley Ann Jackson is a life member of the Corporation of the Massachusetts Institute of Technology and a trustee at the Brookings Institution (think tank).

Louis W. Cabot was a life member emeritus for the Corporation of the Massachusetts Institute of Technology, a director at the Federal Reserve Bank of Boston and is an honorary trustee at the Brookings Institution (think tank).

Corporation of the Massachusetts Institute of Technology is the governing body for the Massachusetts Institute of Technology (MIT).

Susan M. Collins earned her PhD in economics from the Massachusetts Institute of Technology (MIT), served as the 16th provost and executive vice president for academic affairs of the University of Michigan, is the president and CEO of the Federal Reserve Bank of Boston, has held teaching positions at Harvard University and a non-resident senior fellow at the Brookings Institution (think tank).

C. Douglas Dillon was an overseer at Harvard University and the chairman for the Brookings Institution (think tank).

Henry Louis Gates Jr. is a professor at Harvard University and an honorary trustee at the Brookings Institution (think tank).

Paul E. Peterson is a professor at Harvard University and was a director of governmental studies at the Brookings Institution (think tank).

Lawrence H. Summers was a trustee at the Brookings Institution (think tank) and is a professor; former president of Harvard University.

Ann M. Fudge was an overseer at Harvard University and is a trustee at the Brookings Institution (think tank).

John C. Whitehead was the chairman for Harvard University and is an honorary trustee at the Brookings Institution (think tank).

Harold H. Koh was an overseer for Harvard University, the State Department legal adviser for the Barack Obama administration and a trustee at the Brookings Institution (think tank).

Herbert M. Kaplan is a board of fellow’s member for Harvard Medical School and an honorary trustee at the Brookings Institution (think tank).

Cass R. Sunstein is a professor at Harvard Medical School and a senior fellow at the Brookings Institution (think tank).

Lynn Bendheim Thoman is a board of fellow’s member for Harvard Medical School and a trustee at the Brookings Institution (think tank).

Howard E. Cox Jr. is a board of fellow’s member for Harvard Medical School and a trustee at the Brookings Institution (think tank).

Kenneth M. Duberstein is a senior advisory committee member for the Harvard University Institute of Politics and a trustee at the Brookings Institution (think tank).

Harold H. Koh was an overseer at Harvard University, a developments editor for the Harvard Law Review, the State Department legal adviser for the Barack Obama administration and a trustee at the Brookings Institution (think tank).

Susan M. Collins has held teaching positions at Harvard University, earned her PhD in economics from the Massachusetts Institute of Technology (MIT), served as the 16th provost and executive vice president for academic affairs of the University of Michigan, is the president and CEO of the Federal Reserve Bank of Boston, has held teaching positions at Georgetown University and a non-resident senior fellow at the Brookings Institution (think tank).

Nemir A. Kirdar is a director at Georgetown University and was a trustee at the Brookings Institution (think tank).

Donald F. McHenry is a professor at Georgetown University and an honorary trustee at the Brookings Institution (think tank).

Hugh B. Price is a director at Georgetown University and was a senior fellow at the Brookings Institution (think tank).

Susan M. Collins has held teaching positions at Georgetown University, has held teaching positions at Harvard University, earned her PhD in economics from the Massachusetts Institute of Technology (MIT), served as the 16th provost and executive vice president for academic affairs of the University of Michigan, is the president and CEO of the Federal Reserve Bank of Boston, served on the President's Council of Economic Advisers and a non-resident senior fellow at the Brookings Institution (think tank).

Jason L. Furman is the chairman for the Council of Economic Advisers, was the assistant to the president for economic policy for the Barack Obama administration and a senior fellow at the Brookings Institution (think tank).

Martin N. Baily was the chairman for the Council of Economic Advisers and a senior fellow at the Brookings Institution (think tank).

Rebecca M. Blank was a member of the Council of Economic Advisers, the deputy secretary at the U.S. Department of Commerce for the Barack Obama administration and a senior fellow at the Brookings Institution (think tank).

Lael Brainard was the deputy national economic adviser for the Council of Economic Advisers, the undersecretary for international affairs at the U.S. Department of the Treasury for the Barack Obama administration and the VP & director for the Brookings Institution (think tank).

Mark B. McClellan was a member of the Council of Economic Advisers and a senior fellow at the Brookings Institution (think tank).

David H. Romer was a junior staff economist for the Council of Economic Advisers and is a senior fellow at the Brookings Institution (think tank).

Laura D'Andrea Tyson was the chair for the Council of Economic Advisers and a trustee at the Brookings Institution (think tank).

Susan M. Collins served on the President's Council of Economic Advisers, has held teaching positions at Georgetown University, has held teaching positions at Harvard University, earned her PhD in economics from the Massachusetts Institute of Technology (MIT), served as the 16th provost and executive vice president for academic affairs of the University of Michigan, is the president and CEO of the Federal Reserve Bank of Boston, served on the Federal Reserve Bank of Chicago and a non-resident senior fellow at the Brookings Institution (think tank).

Federal Reserve Bank of Chicago is a bank in the Federal Reserve System.

Thomas J. Wilson was a director at the Federal Reserve Bank of Chicago and is a member of the Commercial Club of Chicago.

Gregory Q. Brown is a director at the Federal Reserve Bank of Chicago and a member of the Commercial Club of Chicago.

Charles L. Evans is the president & CEO for the Federal Reserve Bank of Chicago and a member of the Commercial Club of Chicago.

William C. Foote is a director at the Federal Reserve Bank of Chicago and a member of the Commercial Club of Chicago.

Terry Mazany is a member of the Commercial Club of Chicago and a director at the Federal Reserve Bank of Chicago.

Frederick H. Waddell is a director at the Federal Reserve Bank of Chicago and a member of the Commercial Club of Chicago.

Anthony K. Anderson was a director at the Federal Reserve Bank of Chicago and is a member of the Commercial Club of Chicago.

John A. Canning Jr. was the chairman for the Federal Reserve Bank of Chicago and is a member of the Commercial Club of Chicago.

Silas Keehn was the president for the Federal Reserve Bank of Chicago and is a member of the Commercial Club of Chicago.

Michael H. Moskow was the president & CEO for the Federal Reserve Bank of Chicago and is a member of the Commercial Club of Chicago.

Valerie B. Jarrett was a board member for the Federal Reserve Bank of Chicago, the senior adviser for the Barack Obama administration, is Vernon E. Jordan Jr’s great niece, a friend of Michelle Obama and a member of the Commercial Club of Chicago.

Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle and an honorary trustee at the Brookings Institution (think tank).

Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank) and a member of the Commercial Club of Chicago.

R. Eden Martin is the president of the Commercial Club of Chicago and was counsel at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP and a friend of Valerie B. Jarrett.

Barack Obama was an intern at Sidley Austin LLP.

Cameron F. Kerry is a senior counsel at Sidley Austin LLP, John F. Kerry’s brother, Teresa Heinz Kerry’s brother-in-law and a fellow at the Brookings Institution (think tank).

Newton N. Minow was a senior counsel at Sidley Austin LLP, a member of the Commercial Club of Chicago and an honorary trustee at the Carnegie Corporation of New York.

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the Chairman for the Foundation to Promote Open Society.

Susan M. Collins is a non-resident senior fellow at the Brookings Institution (think tank) and the president and CEO of the Federal Reserve Bank of Boston.

Louis W. Cabot is an honorary trustee at the Brookings Institution (think tank) and was a director at the Federal Reserve Bank of Boston.

Donald L. Kohn is a senior fellow at the Brookings Institution (think tank), was the vice chairman for the Federal Reserve Board and a member of the Federal Open Market Committee.

Alice M. Rivlin is a senior fellow at the Brookings Institution (think tank) and was the vice chair for the Federal Reserve Board.

Richard C. Blum was an honorary trustee at the Brookings Institution (think tank) married to Senator Dianne Feinstein and an Economic Advisory Council member for the Federal Reserve Bank of San Francisco.

Glenn H. Hutchins is a trustee at the Brookings Institution (think tank) and a director at the Federal Reserve Bank of New York.

John C. Whitehead was an honorary trustee at the Brookings Institution (think tank) and the chairman for the Federal Reserve Bank of New York.

Ben S. Bernanke is a distinguished fellow at the Brookings Institution (think tank), was a chairman for the Federal Open Market Committee and a chairman for the Federal Reserve Board.

Lael Brainard was a VP & director for the Brookings Institution (think tank), a member of the Federal Open Market Committee and a member of the Federal Reserve Board.

Karen Dynan was a VP for the Brookings Institution (think tank), an assistant secretary for the U.S. Department of the Treasury and a senior adviser for the Federal Reserve Board.

Douglas W. Elmendorf was a senior fellow at the Brookings Institution (think tank) and an assistant director, Research and Statistics for the Federal Reserve Board.

David M. Rubenstein is co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington and a co-founder & co-CEO for the Carlyle Group.

Jerome H. Powell (Jay) was a partner at the Carlyle Group and the Chairman for the Federal Reserve System.

Vernon E. Jordan Jr. was the president of the Economic Club of Washington, is Valerie B. Jarrett’s great uncle and an honorary trustee at the Brookings Institution (think tank).

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the Chairman for the Foundation to Promote Open Society and is a member of the Bretton Woods Committee.

Stanley Fischer is a member of the Bretton Woods Committee, a member of the Federal Open Market Committee and the vice chairman for the Federal Reserve Board.

Randal K. Quarles is a member of the Bretton Woods Committee and a vice chairman for supervision nominee for the Federal Reserve Board.

Edwin M. Truman is a member of the Bretton Woods Committee, was an economist for the Federal Open Market Committee, a director of the international finance division for the Federal Reserve Board and an assistant secretary for the U.S. Department of the Treasury.

Alan S. Blinder is a member of the Bretton Woods Committee, a friend of Ben S. Bernanke and was a vice chairman for the Federal Reserve Board.

Donald L. Kohn is a member of the Bretton Woods Committee, a senior fellow at the Brookings Institution (think tank), was a member of the Federal Open Market Committee and a vice chairman for the Federal Reserve Board.

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank) and the Committee for Economic Development.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank) and the Committee for Economic Development.

George Soros was the Chairman for the Foundation to Promote Open Society.

Letitia James is the chair for the Committee on Economic Development and the Attorney General of New York.

Lee C. Bollinger is a trustee at the Committee for Economic Development and was the chairman for the Federal Reserve Bank of New York.

William J. McDonough is a trustee at the Committee for Economic Development and was the president & CEO for the Federal Reserve Bank of New York.

Peter G. Peterson is a trustee at the Committee for Economic Development and was the chairman for the Federal Reserve Bank of New York.

Carl T. Camden is a trustee at the Committee for Economic Development and a director, Detroit branch for the Federal Reserve Bank of Chicago.

Jeffrey A. Joerres is a trustee at the Committee for Economic Development and a director at the Federal Reserve Bank of Chicago.

James E. Rohr is a trustee at the Committee for Economic Development a member of the Federal Advisory Council to the Federal Reserve Board and was a director – Cleveland for the Federal Reserve Bank of Cleveland.

John E. Sexton is a trustee at the Committee for Economic Development, was the chairman for the Federal Reserve Bank of New York and the chair Council of Chairs for the Federal Reserve System.

Roger W. Ferguson Jr. is a co-chairman for the Committee for Economic Development and was the vice chairman for the Federal Reserve Board.

Barbara B. Grogan is a trustee at the Committee for Economic Development and was the chair - Denver branch for the Federal Reserve Bank of Kansas City.

Letitia James is the chair for the Committee on Economic Development and the Attorney General of New York.

Carol A. Melton was a trustee at the Committee for Economic Development and a director at the Economic Club of Washington.

Robert G. Liberatore was a trustee at the Committee for Economic Development and a director at the Economic Club of Washington.

Edward J. Mathias is a director at the Economic Club of Washington and a managing director at the Carlyle Group.

Jerome H. Powell (Jay) was a partner at the Carlyle Group and is the Chairman for the Federal Reserve System.

David M. Rubenstein is a co-founder & co-CEO for the Carlyle Group, the president of the Economic Club of Washington, co-chairman for the Brookings Institution (think tank) and Joe Biden spent Thanksgiving with him.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Vernon E. Jordan Jr. is an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle and was the president of the Economic Club of Washington.

Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank) and a member of the Commercial Club of Chicago.

Valerie B. Jarrett is a member of the Commercial Club of Chicago, Vernon E. Jordan Jr’s great niece, was the senior adviser for the Barack Obama administration and a board member for the Federal Reserve Bank of Chicago.

Federal Reserve Bank of Chicago is a bank in the Federal Reserve System.

Austan D. Goolsbee is the president of the Federal Reserve Bank of Chicago, was a director, Economic Recovery Board, council of economic adviser’s chairman for the Barack Obama administration and a distinguished senior fellow at the Center for American Progress.

Carnegie Corporation of New York was a funder for the Center for American Progress and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Bill & Melinda Gates Foundation was a funder for the Center for American Progress.

Foundation to Promote Open Society was a funder for the Center for American Progress.

George Soros was the chairman for the Foundation to Promote Open Society and a supporter for the Center for American Progress.

Daniel K. Tarullo was a senior fellow at the Center for American Progress, is a member of the Federal Open Market Committee and a member of the Federal Reserve Board.

John D. Podesta is the chair & counselor for the Center for American Progress and the chairman for the Center for American Progress Action Fund.

Center for American Progress Action Fund is a fund, affiliated advocacy group for the Center for American Progress.

Carol M. Browner is a director, senior fellow at the Center for American Progress and was the energy czar for the Barack Obama administration.

Tom Daschle is a director at the Center for American Progress and was the nominee for health and human services secretary for the Barack Obama administration.

Ezekiel Emanuel is a senior fellow at the Center for American Progress and was the health care policy adviser for the Barack Obama administration.

Lawrence H. Summers is a distinguished fellow at the Center for American Progress and was the National Economic Council chairman for the Barack Obama administration.

Cassandra Q. Butts was the SVP for the Center for American Progress and the deputy White House counsel for the Barack Obama administration.

Philip J. Crowley was the director of homeland security at the Center for American Progress and the assistant secretary of state for the Barack Obama administration.

Derek Douglas was an associate director of economic policy at the Center for American Progress and a special assistant for urban affairs for the Barack Obama administration.

Bradley J. Kiley was a VP for the Center for American Progress and the director of management and administration for the Barack Obama administration.

Karen Kornbluh was a visiting scholar at the Center for American Progress and a policy director for Barack Obama.

Jeanne Lambrew was a senior fellow at the Center for American Progress and is the deputy assistant to the president for health policy for the Barack Obama administration.

Denis McDonough was a senior fellow at the Center for American Progress and is the chief of staff; former deputy national security adviser for the Barack Obama administration.

Esther M. Olavarria was the director of immigration policy at the Center for American Progress and is the deputy assistant secretary at the U.S. Department of Homeland Security for the Barack Obama administration.

Dan Restrepo was the Americas Project director at the Center for American Progress and a special assistant to the president for the Barack Obama administration.

Gene B. Sperling was a senior fellow at the Center for American Progress and the assistant to the president for economic policy for the Barack Obama administration.

Todd Stern was a senior fellow at the Center for American Progress and the special envoy for climate change at the U.S. Department of State for the Barack Obama administration.

Melody C. Barnes was the EVP for the Center for American Progress the domestic policy council, director for the Barack Obama administration and is Barack Obama’s golf partner.

Jose H. Villarreal is a director at the Center for American Progress and a senior adviser at the Akin, Gump, Strauss, Hauer & Feld, LLP.

Akin, Gump, Strauss, Hauer & Feld, LLP was a funder for the Center for American Progress.

Daniel K. Tarullo was a senior fellow at the Center for American Progress, is a member of the Federal Open Market Committee and a member of the Federal Reserve Board.

Austan D. Goolsbee was a distinguished senior fellow at the Center for American Progress, a director, Economic Recovery Board, council of economic adviser’s chairman for the Barack Obama administration and is the president of the Federal Reserve Bank of Chicago.

Federal Reserve Bank of Chicago is a bank in the Federal Reserve System.

Valerie B. Jarrett was a board member for the Federal Reserve Bank of Chicago, the senior adviser for the Barack Obama administration, is a member of the Commercial Club of Chicago and Vernon E. Jordan Jr’s great niece.

Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle, a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, an honorary trustee at the Brookings Institution (think tank) and was the president of the Economic Club of Washington.

Akin, Gump, Strauss, Hauer & Feld, LLP was a funder for the Center for American Progress.

Carnegie Corporation of New York was a funder for the Center for American Progress, the Aspen Institute (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

Bill & Melinda Gates Foundation was a funder for the Center for American Progress and the Aspen Institute (think tank).

George Soros was a supporter for the Center for American Progress and the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Center for American Progress and the Aspen Institute (think tank).

Paul A. Volcker was a lifetime trustee at the Aspen Institute (think tank) the chairman for the Federal Reserve System and the president for the Federal Reserve Bank of New York.

David M. Rubenstein was a benefactor at the Aspen Institute (think tank), spent Thanksgiving with Joe Biden, is a co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington, a co-founder & co-CEO for the Carlyle Group and married to Alice Rogoff Rubenstein.

Vernon E. Jordan Jr. is an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle and was the president of the Economic Club of Washington.

Edward J. Mathias is a director at the Economic Club of Washington and a managing director at the Carlyle Group.

Jerome H. Powell (Jay) was a partner at the Carlyle Group and the Chairman for the Federal Reserve System.

George H.W. Bush was an adviser for the Carlyle Group and George W. Bush’s father.

Kevin Warsh In 2002, President George W. Bush named Warsh as a special assistant to the president for economic policy and the executive secretary of the National Economic Council. Warsh's work involved handling the aftermath of multiple significant accounting scandals, including representing the Bush administration in discussions over the Sarbanes–Oxley Act and was sworn in Friday as chairman of the Federal Reserve.

Alice Rogoff Rubenstein is married to David M. Rubenstein and an overseer at the Columbia Journalism Review (CJR).

Open Society Foundations is a major donor for the Columbia Journalism Review (CJR).

George Soros is the founder & chairman for the Open Society Foundations.

Resources: Past Research

The University of Michigan's Tolerance Problem (Past Research on the University of Michigan)

Wednesday, February 18, 2015

https://thesteadydrip.blogspot.com/2015/02/the-university-of-michigans-tolerance.html

Researcher’s Note: I could not make these connections if the left were not networking with Soros against Americans and the World, with control over the FDA, CDC, Vaccine Manufacturer’s and even Georgetown. Georgetown students speak out against 'completely senseless' mask mandate in classrooms (Connecting the Dots: Georgetown, CDC, Soros Funded Think Tanks, Vaccine Manufactures & the FDA, All Networking) (Past Research on Georgetown University)

Wednesday, August 31, 2022

https://thesteadydrip.blogspot.com/2022/08/researchers-note-i-could-not-make-these.html

Trump to Newsmax: Fired Labor Stats Chief Was 'Very Suspect' (Connecting the Dots: Erika Lee McEntarfer, The U. S. Department of Labor’s Bureau of Labor Statistics, Bard College, The Council of Economic Advisers, Lael Brainard, Son Jonathan Soros, Ex-Wife Susan Weber Soros & Soros Funding, All Networking) (Past Research on the Council of Economic Advisers)

Saturday, August 2, 2025

https://thesteadydrip.blogspot.com/2025/08/trump-to-newsmax-fired-labor-stats.html

Suspect in Brown University, MIT Professor Shootings Found Dead: Officials (Connecting the Dots: Brown University, Christina Paxson, Federal Reserve Bank of Boston, Massachusetts Institute of Technology (MIT) & Soros Funding, All Networking) (Past Research on the Massachusetts Institute of Technology (MIT) & the Federal Reserve Bank of Boston)

Saturday, December 20, 2025

https://thesteadydrip.blogspot.com/2025/12/suspect-in-brown-university-mit.html

The Flexner Report: How Rockefeller Hijacked Medicine To Create A System You Can't Escape (Connecting the Dots: Andrew Carnegie, The Bill & Melinda Gates Foundation, The Carnegie Foundation for the Advancement of Teaching, The Rockefeller Foundation & The Carnegie/Soros Network. Updated on 08/20/26) (Past Research on the Carnegie Corporation of New York)

Thursday, August 20, 2026

https://thesteadydrip.blogspot.com/2026/08/the-flexner-report-how-rockefeller.html

Trump Admin Threatens Harvard With Funding Cuts (Connecting the Dots: Harvard University, Columbia University, Obamacare & Soros Funding) (Past Research on Harvard University)

Friday, April 4, 2025

https://thesteadydrip.blogspot.com/2025/04/trump-admin-threatens-harvard-with.html

Gates Foundation Coalition Tackling AI Language Gap (Connecting the Dots: The Bill & Melinda Gates Foundation, Bill Gates, Google, Mark Suzman, Russia, Russia, Russia, Wilmer Cutler Pickering Hale and Dorr & The Carnegie/Soros Network) (Past Research on the Carnegie Corporation of New York & the Bill & Melinda Gates Foundation)

Monday, September 21, 2026

https://thesteadydrip.blogspot.com/2026/09/gates-foundation-coalition-tackling-ai.html

100 Years of Government Theft (Past Research on the Federal Reserve)

Monday, December 23, 2013

https://thesteadydrip.blogspot.com/search?q=Federal+Reserve+Bank+of&updated-max=2025-03-29T20:29:00-04:00&max-results=20&start=2&by-date=false

Fed Cuts Interest Rates in Divided Vote (Connecting the Dots: The Federal Reserve, Jerome Powell, The Carlyle Group, The Economic Club of Washington, The Commercial Club of Chicago, Austan Goolsbee, Letitia James & Soros Funding, All Networking) (Past Research on the Federal Reserve)

Thursday, December 11, 2025

https://thesteadydrip.blogspot.com/2025/12/fed-cuts-interest-rates-in-divided-vote.html

Fed/Duke Survey: CFO Optimism Drops on Tariffs (Connecting the Dots: Duke University, Conference Board, Federal Reserve, Obamacare, Committee for Economic Development, The Commercial Club of Chicago & Soros Funding, All Networking) (Past Research on the Federal Reserve)

Monday, March 31, 2025

https://thesteadydrip.blogspot.com/2025/03/fedduke-survey-cfo-optimism-drops-on.html

Columbia Journalism Review (Connecting the Dots: The Columbia University Graduate School of Journalism, The Columbia Journalism Review (CJR), Alice Rogoff Rubenstein & Her Husband David Rubenstein, The Carlyle Group, Jerome Powell, The Federal Reserve & Soros Funding, All Networking) (Past Research on the Columbia Journalism Review (CJR), Alice Rogoff Rubenstein, David Rubenstein & the Carlyle Group)

Thursday, August 7, 2025

https://thesteadydrip.blogspot.com/2025/08/columbia-journalism-review-connecting.html

Monday, September 21, 2026

Gates Foundation Coalition Tackling AI Language Gap (Connecting the Dots: The Bill & Melinda Gates Foundation, Bill Gates, Google, Mark Suzman, Russia, Russia, Russia, Wilmer Cutler Pickering Hale and Dorr & The Carnegie/Soros Network)

Newsmax.com

Monday, 21 September 2026 12:50 PM EDT

https://www.newsmax.com/newsfront/artificial-intelligence-anthropic-openai/2026/09/21/id/1270129/

The Gates Foundation is convening Anthropic, Google, the OpenAI Foundation, and dozens of other organizations to help make artificial intelligence more accessible in underrepresented languages.

The partners — 60 in total, according to Monday's announcement — include frontier AI laboratories, corporations, philanthropies and others already working to expand the number of languages available in AI tools that the Gates Foundation believes could combat global inequality.

The coalition aims to reach more than 3 billion people over five years by better coordinating existing efforts.

It's work that must continue "full speed ahead," according to Gates Foundation CEO Mark Suzman, even as some of the largest AI companies urge their industry to slow down development of advanced models.

Governments must regulate risks involving cybersecurity and children's development, he said, while they extend AI's humanitarian applications to underserved communities currently "shut out" from the technology.

"Even if AI was frozen right now — which I don't expect and I am not calling for — we would want to be building these language sets and making them usable with the tools that we have available right now," Suzman told The Associated Press.

The collaboration follows last week's Goalkeepers report, in which the foundation committed at least $1 billion toward AI-focused efforts to improve health outcomes, upgrade educational tools, and inform small farmers' practices around the world.

Unrepresentative language data could lead a model to mistranslate a pregnant Malawian woman saying her "water has broken" into the direct English that she'd "thrown away water," the report warned.

The "original sin" is that many AI tools were trained on language data scraped from the internet, according to Mozilla Data Collective CEO EM Lewis-Jong, whose company was incubated by the Mozilla Foundation and is now a subsidiary of the not-for-profit Mozilla.org.

The data-sharing platform seeks to help communities upload cultural and linguistic datasets on their own terms rather than have that data taken from the web without their explicit consent.

"The internet is not a representative space," she said. "Why would you think that you were going to get a culturally diverse and representative system out of something that was predominantly trained on Reddit?"

Details such as the coalition's governance are still being developed, according to Suzman. A secretariat will track each signatory's commitments and the Gates Foundation may encourage partners to fill larger gaps when necessary.

Google, a member of the coalition, has been funding an effort to collect more than 150,000 hours of audio across every district in India. Known as Project Vaani, the push underscores the need to gather speech data representing dialects within languages, according to Google senior vice president James Manyika. To get there, he said, Google is working with local partners to record speech in the field.

Anthropic, whose CEO published an essay calling for industrywide cooperation on decelerating advancements, was already working with the foundation to accelerate vaccine developments and bolster its chatbot's dataset of local crops.

Elizabeth Kelly, the head of beneficial deployments at Anthropic, acknowledged the company's products "lag in many African languages in particular."

"We're acutely aware that we can't achieve any of the benefits we want to see in terms of improving patient outcomes or improving literacy and numeracy for students across the globe unless we actually get this language piece right," she said.

Connecting the Dots:

Eric E. Schmidt was the CEO for Google, a funder for the New America Foundation and is the chairman of the New America Foundation.

Alan B. Davidson was a senior policy counsel for Google Inc. and is a fellow at the New America Foundation.

Google Inc. was a funder for the New America Foundation.

Jonathan Soros is a director at the New America Foundation, George Soros’s son and was the vice chairman for the Foundation to Promote Open Society.

George Soros was the chairman for the Foundation to Promote Open Society and is Jonathan Soros’s father.

Foundation to Promote Open Society was a funder for the New America Foundation and the International Rescue Committee.

Bill & Melinda Gates Foundation was a funder for the New America Foundation and the International Rescue Committee.

Mark Suzman is the president of global policy for the Bill & Melinda Gates Foundation and a director at the ONE Campaign.

Michael R. Bloomberg was a donor for the Bill & Melinda Gates Foundation and is an advocate for the ONE Campaign.

International Rescue Committee is a partner with the ONE Campaign.

Michelle Obama was an advocate for the ONE Campaign and married to Barack Obama.

Howard G. Buffett is a director at the ONE Campaign and Warren E. Buffett’s son.

Susan A. Buffett is a director at the ONE Campaign and Warren E. Buffett’s daughter.

Warren E. Buffett is Howard G. Buffett & Susan A. Buffett’s father, a friend of William H. Gates III, a trustee & major donor for the Bill & Melinda Gates Foundation and an adviser at the Nuclear Threat Initiative (think tank).

Michael Douglas is a friend of George Soros and a director at the Nuclear Threat Initiative (think tank).

Paul S. Otellini is a director at the Nuclear Threat Initiative (think tank) and a director at Google Inc.

Carnegie Corporation of New York was a funder the Nuclear Threat Initiative (think tank), the Carnegie Endowment for International Peace (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York and the founder of the Carnegie Endowment for International Peace (think tank).

Carnegie Endowment for International Peace (think tank) was a funder for the Nuclear Threat Initiative (think tank).

Victoria Ransom is a trustee at the Carnegie Endowment for International Peace (think tank) and was a director of product for Google Inc.

Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank).

George Soros is the founder & chairman for the Open Society Foundations, a friend of Michael Douglas, a member of the Breakthrough Energy Coalition and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Carnegie Endowment for International Peace (think tank) and the International Rescue Committee.

William H. Gates III is a member of the Breakthrough Energy Coalition, a friend of Warren E. Buffett and a co-chair for the Bill & Melinda Gates Foundation.

Bill & Melinda Gates Foundation was a funder for the International Rescue Committee.

Mark Suzman is the president of global policy for the Bill & Melinda Gates Foundation and a director at the ONE Campaign.

Michael R. Bloomberg is an advocate for the ONE Campaign, the founder of Bloomberg LP and was a donor for the Bill & Melinda Gates Foundation.

International Rescue Committee is a partner with the ONE Campaign.

Bill & Melinda Gates Foundation was a funder for the International Rescue Committee.

Harold E. Ford Jr. was an overseer at the International Rescue Committee and is a political commentator at MSNBC.

Mark Halperin In 2010, Halperin joined MSNBC, becoming the senior political analyst and a contributor, the founding editor for Bloomberg Politics and is Morton H. Halperin’s son.

Bloomberg Politics is a division of Bloomberg LP.

Debt AIDS Trade Africa is a merged organization with the ONE Campaign.

Morton H. Halperin is a director at the ONE Campaign, a senior adviser for the Soros Open Society Foundations, a director at the Debt AIDS Trade Africa, Mark Halperin’s father, served with the Carnegie Endowment for International Peace (think tank), was a senior fellow at the Center for American Progress and a senior fellow at the Brookings Institution (think tank).

Andrew Carnegie was the founder of the Carnegie Endowment for International Peace (think tank) and the founder of the Carnegie Corporation of New York.

Carnegie Corporation of New York was a funder for the Carnegie Endowment for International Peace (think tank), the Center for American Progress, the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank) and the Center for American Progress.

George Soros is the founder & chairman for the Open Society Foundations, was the chairman for the Foundation to Promote Open Society and a supporter for the Center for American Progress.

Foundation to Promote Open Society was a funder for the Carnegie Endowment for International Peace (think tank), the Center for American Progress and the Brookings Institution (think tank).

Bill & Melinda Gates Foundation was a funder for the Center for American Progress and the Brookings Institution (think tank).

Google Inc. was a funder for the Center for American Progress.

Google Inc. was a funder for the Brookings Institution (think tank).

Sheryl K. Sandberg was a VP for Google Inc, a trustee at the Brookings Institution (think tank) and is a director at the ONE Campaign.

Lawrence H. Summers was a trustee at the Brookings Institution (think tank) and is a director at the ONE Campaign.

Ngozi Okonjo-Iweala was a visiting fellow at the Brookings Institution (think tank) and is a director at the ONE Campaign.

Helene D. Gayle is a trustee at the Brookings Institution (think tank) and a director at the ONE Campaign.

Vernon E. Jordan Jr. is an honorary trustee at the Brookings Institution (think tank), a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, Valerie B. Jarrett’s great uncle and was the president of the Economic Club of Washington.

Akin, Gump, Strauss, Hauer & Feld, LLP was the lobby firm for Google Inc.

David M. Rubenstein is the co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington and spent Thanksgiving with Joe Biden.

Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank) and a member of the Commercial Club of Chicago.

Valerie B. Jarrett is a member of the Commercial Club of Chicago, Vernon E. Jordan Jr’s great niece, a friend of Michelle Obama and was the senior adviser for the Barack Obama administration.

R. Eden Martin is the president of the Commercial Club of Chicago and was counsel at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP, an advocate for the ONE Campaign and a friend of Valerie B. Jarrett.

Barack Obama was an intern at Sidley Austin LLP.

Cameron F. Kerry is a senior counsel at Sidley Austin LLP, John F. Kerry’s brother, Teresa Heinz Kerry’s brother-in-law and a fellow at the Brookings Institution (think tank).

Newton N. Minow was a senior counsel at Sidley Austin LLP, a member of the Commercial Club of Chicago and an honorary trustee at the Carnegie Corporation of New York.

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York, the founder for the Carnegie Museums of Pittsburgh, the endowed predecessor schools for the Carnegie Mellon University and the founder of the Carnegie Foundation for the Advancement of Teaching.

Teresa Heinz Kerry is an honorary trustee at the Brookings Institution (think tank), Cameron F. Kerry’s sister-in-law, married to John F. Kerry, a trustee at the Carnegie Museums of Pittsburgh and a life trustee at Carnegie Mellon University.

Google Inc. was a funder for the Brookings Institution (think tank).

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank), the Carnegie Foundation for the Advancement of Teaching and the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank) and the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Carnegie Corporation of New York was a funder for the Brookings Institution (think tank), the Aspen Institute (think tank) and a supporter for the American Society for Muslim Advancement.

Andrew Carnegie was the founder of the Carnegie Corporation of New York.

L. John Doerr is a trustee at the Aspen Institute (think tank) and a director at Google Inc.

Google Inc. was a funder for the Aspen Institute (think tank).

Victoria Ransom was a director of product for Google Inc and is a trustee at the Carnegie Endowment for International Peace (think tank).

Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank).

George Soros is the founder & chairman for the Open Society Foundations and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Carnegie Endowment for International Peace (think tank).

Andrew Carnegie was the founder of the Carnegie Endowment for International Peace (think tank) and the founder of the Carnegie Corporation of New York.

Carnegie Corporation of New York was a funder for the Carnegie Endowment for International Peace (think tank), the Nuclear Threat Initiative (think tank) and a supporter for the American Society for Muslim Advancement.

Carnegie Endowment for International Peace (think tank) was a funder for the Nuclear Threat Initiative (think tank).

Paul S. Otellini is a director at the Nuclear Threat Initiative (think tank) and a director at Google Inc.

Michael Douglas is a director at the Nuclear Threat Initiative (think tank) and a friend of George Soros.

Warren E. Buffett is an adviser at the Nuclear Threat Initiative (think tank), a friend of William H. Gates III, a trustee & major donor for the Bill & Melinda Gates Foundation and Howard G. Buffett & Susan A. Buffett’s father.

Howard G. Buffett is a director at the ONE Campaign and Warren E. Buffett’s son.

Susan A. Buffett is a director at the ONE Campaign and Warren E. Buffett’s daughter.

Mark Suzman is a director at the ONE Campaign and the president of global policy for the Bill & Melinda Gates Foundation.

Michael R. Bloomberg is an advocate for the ONE Campaign, the founder of Bloomberg LP and was a donor for the Bill & Melinda Gates Foundation.

International Rescue Committee is a partner with the ONE Campaign.

Bill & Melinda Gates Foundation was a funder for the International Rescue Committee.

Foundation to Promote Open Society was a funder for the International Rescue Committee.

George Soros was the chairman for the Foundation to Promote Open Society and is a member of the Breakthrough Energy Coalition.

William H. Gates III is a member of the Breakthrough Energy Coalition, a friend of Warren E. Buffett and a co-chair for the Bill & Melinda Gates Foundation.

Bill & Melinda Gates Foundation was a funder for the New America Foundation.

Eric E. Schmidt was a funder for the New America Foundation the CEO for Google and is the chairman of the New America Foundation.

Alan B. Davidson was a senior policy counsel for Google Inc. and is a fellow at the New America Foundation.

Google Inc. was a funder for the New America Foundation.

Jonathan Soros is a director at the New America Foundation, George Soros’s son and was the vice chairman for the Foundation to Promote Open Society.

George Soros was the chairman for the Foundation to Promote Open Society and is Jonathan Soros’s father.

Foundation to Promote Open Society was a funder for the New America Foundation and the International Rescue Committee.

Bill & Melinda Gates Foundation was a funder for the New America Foundation and the International Rescue Committee.

Mark Suzman is the president of global policy for the Bill & Melinda Gates Foundation and a director at the ONE Campaign.

Michael R. Bloomberg was a donor for the Bill & Melinda Gates Foundation and is an advocate for the ONE Campaign.

International Rescue Committee is a partner with the ONE Campaign.

Foundation to Promote Open Society was a funder for the International Rescue Committee and the Carnegie Endowment for International Peace (think tank).

George Soros was the chairman for the Foundation to Promote Open Society and is the founder & chairman for the Open Society Foundations.

Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank).

Victoria Ransom is a trustee at the Carnegie Endowment for International Peace (think tank) and was a director of product for Google Inc.

Jamie S. Gorelick was a trustee at the Carnegie Endowment for International Peace (think tank) and a partner at Wilmer Cutler Pickering Hale and Dorr.

Wilmer Cutler Pickering Hale and Dorr was the lobby firm for Google Inc.
Judge Randolph D. Moss was in private practice at the Washington office of Wilmer, Cutler, Pickering, Hale & Dorr, LLP, is a district judge of the U.S. District Court for the District of Columbia and ruled that President Donald Trump's plan to crack down on asylum claims overstepped his authority.

Judge Theodore D. Chuang served as counsel at the law firm of Wilmer, Cutler, Pickering, Hale and Dorr LLP and In March 2025, Chuang ruled that President Donald Trump and Elon Musk's dismantling of the United States Agency for International Development (USAID).

Robert S. Mueller III was a partner at Wilmer Cutler Pickering Hale and Dorr, a director at the Federal Bureau of Investigation (FBI), investigating interference with Russia in the 2016 U.S. election, special counsel investigating Russian ties in the 2016 Donald Trump presidential campaign, a special counsel at the U.S. Department of Justice, James Quarles III assisted him in the Russia probe, Jeannie Rhee assisted him in the Russia collusion probe and Aaron Zebley assisted him in the Russia probe.

James Quarles III was a partner at Wilmer Cutler Pickering Hale and Dorr and assisted Robert S. Mueller III in the Russia probe.

Jeannie Rhee is a partner at Wilmer Cutler Pickering Hale and Dorr, assisted Robert S. Mueller III in the Russia collusion probe and was a deputy assistant attorney general at the U.S. Department of Justice.

Aaron Zebley was a partner at Wilmer Cutler Pickering Hale and Dorr and assisted Robert S. Mueller III in the Russia probe.

Jared Kushner’s law firm is Wilmer Cutler Pickering Hale and Dorr, Jamie S. Gorelick is his attorney, is the senior adviser to the president for the Donald Trump administration and Donald Trump’s son-in-law.
James F. Collins is a senior associate at the Carnegie Endowment for International Peace (think tank) and was a U.S. ambassador for Russia.

Andrew Carnegie was the founder of the Carnegie Endowment for International Peace (think tank) and the founder of the Carnegie Corporation of New York.

Carnegie Corporation of New York was a funder for the Carnegie Endowment for International Peace (think tank), Brookings Institution (think tank) and a supporter for the American Society for Muslim Advancement.

Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank).

George Soros is the founder & chairman for the Open Society Foundations and was the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Carnegie Endowment for International Peace (think tank) and the Brookings Institution (think tank).

Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank).

Cameron F. Kerry is a fellow at the Brookings Institution (think tank) John F. Kerry’s brother, a senior counsel at Sidley Austin LLP and was an associate at Wilmer Cutler Pickering Hale and Dorr.

Barack Obama was an intern at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP, an advocate for the ONE Campaign and a friend of Valerie B. Jarrett.

Valerie B. Jarrett is a friend of Michelle Obama, a member of the Commercial Club of Chicago, Vernon E. Jordan Jr’s great niece and was the senior adviser for the Barack Obama administration.