WASHINGTON -- The House Banking Committee chairman has sharply criticized the Federal Reserve Board, saying it has failed to place enough women and minorities in leadership positions.

"Clearly, the Federal Reserve should be a role model for the banking industry," said Rep. Henry B. Gonzalez, D-Tex.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.