Fed's Mary Daly: From a Donut Shop to the Federal Reserve

Federal Reserve Bank of San Francisco President and CEO Mary Daly is the third woman among the 12 presidents of the Fed's regional banks. She has defied odds after dropping out of high school, earning a GED and PhD, and becoming a key player in crafting U.S. monetary policy. She's making income inequality a key part of her agenda and is calling out a "diversity crisis" in economics. As the Fed lowers rates for a third time this year, she stands by the decision and responds to President Trump's criticism of the institution. Produced by Haley Draznin, CNN.To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices