According to the Washington Post, Marshall wrote that homosexuality “adds significantly to illness, increases health costs, promotes venereal diseases, and worsens the population imbalance relating to the number of workers supporting the beneficiaries of America’s Social Security and Medicare programs.”
“I do not believe that a celebration of ‘gay pride’ has anything to do with the mission of the Federal Reserve under the Federal Reserve Act passed by Congress,” Marshall said. “This is a celebration of a behavior that is still a class six felony in Virginia. How can the American people trust the judgement of the Federal Reserve as an institution when its spokesperson celebrates an attack on public morals?”
LGBT group of the bank, PRISM, answered this flag reflects the commitment of the bank to diversity.
James Parrish, executive director of the gay rights group Equality Virginia, released a statement Friday congratulating the bank.
“The Federal Reserve Bank of Richmond should receive accolades for its decision to recognize and celebrate its GLBT employees, customers and vendors during pride month,’’ he said. “It’s a private business and should be able to make its own personnel and corporate policy decisions without Bob Marshall’s guidance or the Family Foundation’s approval.”