Lisa Cook Fed Reserve Board.Ken Cedeno pool

Dr. Lisa Cook, an economist at Michigan State University, was confirmed Tuesday by the U.S. Senate to a seat on the Federal Reserve board, which sets interest rates and monetary policy, She has worked at Federal Reserve Banks in four regions of the U.S. She is the first Black woman ever appointed to the powerful Fed – and hopes to be joined soon by economist Philip Jefferson, vice-president of Davidson College, who awaits confirmation; if he wins, he and Dr. Cook will mark the first time in U.S. history that two African-Americans have sat on the Fed Board at the same time. (Ken Cedeno, pool)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.