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President and CEO, Federal Reserve Bank of San Francisco
Mary Daly
President and CEO, Federal Reserve Bank of San Francisco
Mary Daly is the President and CEO of the Federal Reserve Bank of San Francisco and an expert in labor economics and policy.
Global Business / Economy
Is the Global Minimum Wage Debate Missing the Point?A global minimum wage sounds like a clear win for equity — but if asset prices keep outpacing wage growth, does raising the wage floor actually solve anything? Nobel Laureate Joseph Stiglitz, economist Jason Furman, and Fed President Mary Daly debate whether the minimum wage debate is tackling the wrong problem.