Lisa Cook, First Black Woman Confirmed To Federal Reserve Board, Highlights Impact Of Racism On Economy
Senate Majority Leader Chuck Schumer described Cook as a historic and highly qualified nominee.
May 11, 2022 at 4:54 pm
Lisa Cook, who was confirmed on Tuesday as the first Black woman to serve on the Federal Reserve Board of Governors, has completed vast research throughout her career to show the impact of racism on the economy. In a report she published in 2020, Cook said discrimination not only impacts those who are direct victims, but also reduces the wealth and income of millions of people.