Center for Popular Democracy Action Fund — Fed Up Campaign (2018)

Fed Up activists gather in the Senate for the Fed Chair's Humphrey Hawkins testimony before the Senate Banking Committee in February. (Photo courtesy of CPD Action)
Award Date 
2/2018
Grant Amount 
$100,000
Purpose 
To support the "Fed Up" campaign.
Topic (focus area) 

Grant investigator: Alexander Berger

This page was reviewed but not written by the grant investigator. CPD Action staff also reviewed this page prior to publication.

The Open Philanthropy Project recommended a grant of $100,000 to 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. As labor market conditions have improved, we’ve become less confident about the appropriate short term stance of monetary policy, but we continue to believe it to be worthwhile to support the campaign through the next recession, when its advocacy might be especially useful and when we could better evaluate its impact. CPD Action expects to use this funding primarily for lobbying activities associated with the campaign.

This grant falls within our work on macroeconomic stabilization policy.

This grant was made by a 501(c)(4) social welfare organization, to which we occasionally make funding recommendations.

The Open Philanthropy Project has separately recommended a grant to the Center for Popular Democracy, a 501(c)(3) associated with CPD Action.