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atlanta federal reserve

Courtesy of Federal Reserve Bank of Atlanta

The Federal Reserve Bank of Atlanta made history with the selection of Raphael Bostic as its new president and CEO on Monday.

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He will be the first African-American to lead a Federal Reserve Bank in the agency's 104-year history.

In a recorded video statement, Bostic admitted he feels overwhelmed.

Don Ryan / Associated Press

Consider this scenario: You’re a worker, who lives paycheck to paycheck. Then, your child gets sick and you miss three days at your job. And that means rent will be three days late.

According to a new study from the Federal Reserve Bank of Atlanta, what happens next may depend on who your landlord is.

Eboni Lemon / WABE

Tuesday on "Closer Look with Rose Scott and Jim Burress":