WASHINGTON — The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year history.
Cook has a doctorate in economics from the University of California, Berkeley, and has been a professor of economics and international relations at Michigan State since 2005. She was also a staff economist on the White House Council of Economic Advisers from 2011 to 2012 and was an adviser to President Joe Biden’s transition team on the Fed and bank regulatory policy.
Some critics charge, however, that the Fed has contributed to the increased scrutiny by addressing a broader range of issues in recent years, such as the role of climate change on financial stability and racial disparities in employment. Fed Chair Jerome Powell is currently serving in a temporary capacity after his term ended in February. He was approved by the Senate Banking Committee by a nearly unanimous vote in March.
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Senate approves Lisa Cook as first Black woman on Fed boardFederal Reserve nominee Lisa Cook won Senate confirmation Tuesday, becoming the first Black woman to sit on the central bank’s board of governors. Took dumbass Quemala to make it count. Atrocious 😭🤡 v lives in democratic world if someone is capable then he/she must have the post still media is differentiate black brown and white this is not big news for USA and democratic society And she will be as corrupt as the rest of then
Source: MarketWatch - 🏆 3. / 97 Read more »
Lisa Cook confirmed as first Black woman on Federal Reserve BoardThe Senate voted 51-50 on Tuesday to confirm her. This has put salt in Trump's wounds. There goes the Federal Reserve Board. Is she a voting member. I don’t see it in the article.
Source: axios - 🏆 302. / 63 Read more »
Economist Lisa Cook to become first Black woman on Fed boardThe economist Lisa Cook was confirmed as the first Black woman on the Federal Reserve Board in a historic moment for the central bank as it tries to stabilize a recovery that serves all Americans. We need you, good luck Fed is the one responsible for keeping countries in debt. When they lend you a 1$, that comes with interest. You need more money, here you go but also don’t forget more interest. Besides Russia, most countries are in debt to central banks which are not part of gov. Hopefully, she convinces the fed to stop printing so much money!!!!!!!
Source: washingtonpost - 🏆 95. / 72 Read more »
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.
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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 »