Center for Popular Democracy Action Fund — Fed Up Campaign (October 2016)

[Macroeconomic Stabilization Policy] Grant investigator: Alexander Berger This page was reviewed but not written by the grant investigator. The Open Philanthropy Project recommended a grant of $31,500 to the Center for Popular Democracy Action Fund (CPD Action) 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, and specifically in the selection of regional Federal Reserve Bank presidents and leaders. We have written in more detail about our rationale for supporting this campaign on our 2014, 2015, and 2016 grant pages to the Center for Popular Democracy, a 501(c)(3) affiliated with CPD Action. CPD Action expects to use this funding primarily for lobbying activities associated with the campaign. This grant was made by a 501(c)(4) social welfare organization, to which we occasionally make funding recommendations. This is a discretionary grant, and falls within our focus area of macroeconomic stabilization policy.