Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Fed chief Kashkari turns attention to American Indian economic struggles


American Indians have found community on Franklin Avenue in Minneapolis since the 1970s, but they have struggled to find economic success.

Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, visited Franklin Avenue on Monday to try to understand these problems better. He met with several American Indian leaders and heard a lot of discouraging news with some bright spots.

"Statistically it's not heading in the right direction," said Robert Lilligren, a former Minneapolis City Council member and president of the Native American Community Development Institute.


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