The Senate has voted to confirm economist Lisa Cook for a top position at the Federal Reserve.
Cook, a professor of economics at Michigan State University who served under President Barack Obama as a senior economist on the Council of Economic Advisers, was confirmed to a seat on the Fed’s Board of Governors on Tuesday evening despite united opposition from Republicans.
She will become the first black woman to sit on the Fed’s board. Cook was among a tranche of nominees to fill open positions at the central bank, which has been in the spotlight as inflation soars.
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Other nominees still awaiting a full Senate vote include incumbent Fed Chairman Jerome Powell and prospective governor Phillip
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