Lisa Cook confirmed as first Black woman on Federal Reserve Board

  • 📰 axios
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The Senate voted 51-50 on Tuesday to confirm her.

The Senate voted 51-50 on Tuesday, with Vice President Harris casting the tie-breaking, confirming Lisa Cook to serve on the Federal Reserve’s Board of Governors.Cook, a professor of economics and international relations at Michigan State, is the first Black woman on the panel in its 108-year history.

Democrats had delayed the vote due to several absences in the upper chamber since they hold a narrow majority and no Republicans supported Cook's confirmation. Cook worked in the Obama administration's Council of Economic Advisers and had done extensive research on the economic consequences of racial discrimination.Cook’s academic writing suggests she is a dove, meaning she’s less concerned about inflation and more focused on improving labor market conditions,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Push her color, that tells me she is not the best qualified fit to do the job. She's in the position by virtue of being a token black.

There goes the Federal Reserve Board.

Is she a voting member. I don’t see it in the article.

This has put salt in Trump's wounds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed nominee Lisa Cook clears procedural hurdle in SenateFederal Reserve nominee Lisa Cook moved a step closer to being confirmed as a governor on Tuesday when the Senate voted to end debate on her nomination. Professor Cook has no proven expertise in monetary economics at all, much less fighting inflation
Source: MarketWatch - 🏆 3. / 97 Read more »

Lisa Holder White to become 1st Black woman on IL Supreme Court; longest-serving judge retiresLisa Holder White will become the first Black woman to serve on the Illinois Supreme Court. Rita B. Garman announced her retirement Tuesday.
Source: ABC7Chicago - 🏆 284. / 63 Read more »

EXCLUSIVE: ‘Fun-Loving’ Collab by Lisa Says Gah x Nuuly Aims to Please Gen ZThe 13-piece collection inspired by Lisa Says Gah's bestsellers launches Wednesday and is available to rent exclusively through Nuuly.
Source: wwd - 🏆 24. / 68 Read more »

Joe Manchin undecided, Lisa Murkowski says she won't back codifying Roe'This week's vote is not an abstract exercise; this is as real and as high stakes as it gets,' Senate Majority Leader Chuck Schumer said. I'll piss on Lisa's grave when she's gone How is abortion not Murder? Dems had 49 years to work with moderate Republicans like McCain and Romney to codify abortion but they failed to do so, not my problem they sat back and did nothing. 🤷‍♀️
Source: Newsweek - 🏆 468. / 52 Read more »

Cook County's electronic monitoring program: here's how it worksIn 2021 alone, well over 50 people in Cook County were arrested for shootings or murders, all while on electronic monitoring. And it’s going to be way more this year Keep the animals in their cages Kim fox
Source: fox32news - 🏆 547. / 51 Read more »

Diggers could soon return to East Cook Inlet for razor clam harvestThe new, limited fishery could reopen on the Kenai Peninsula in June, allowing for 30 clams per day.
Source: adndotcom - 🏆 293. / 63 Read more »