Center for Popular Democracy Action Fund — Fed Up Campaign (2017)

[Macroeconomic Stabilization Policy] 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 $305,000 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, 2016, and 2017 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.