• About Us
  • Paper Locations
  • Contact
Hispanic News | Shirley Ann Flower Shop
Sunday, July 3, 2022
MEDIA KIT
African American News and Issues
63 °f
Houston
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Afram TV
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Afram TV
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
No Result
View All Result
Home Government

President Biden nominates first Black woman to serve on Federal Reserve Board of Governors

aframnews by aframnews
6 months ago
in Government, National, News
0
President Biden nominates first Black woman to serve on Federal Reserve Board of Governors
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
FacebookTwitterPinterestLinkedIn

President Joe Biden on Friday announced the nominations of three individuals to serve on the Federal Reserve’s Board of Governors, including Lisa D. Cook, a professor of Economics and International Relations at Michigan State University.

You might also like

Judge Ketanji Brown Jackson Sworn-in as First Black Woman on U.S. Supreme Court

ELECTION 2022: A Report on Ten Black Candidates Running Statewide in 2022

NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

If confirmed, Cook would become the first African American woman to serve in that role.

A Marshall Scholar from Spelman College who received a second B.A. in Philosophy, Politics, and Economics from Oxford University, Cook earned a Ph.D. in economics from the University of California, Berkeley.

She also served as a faculty member of Harvard University’s Kennedy School of Government, Deputy Director for Africa Research at the Center for International Development at Harvard, and a National Fellow at Stanford University.

“[President Biden] is working to bring long-overdue diversity to the leadership of the Federal Reserve,” Erica Lowe, the White House Director of African American Media, wrote on Twitter.

“Lisa D. Cook would be the first Black woman in history to serve on the Board,” Lowe concluded.

The President also nominated Phillip Jefferson, the dean of faculty at Davidson College in North Carolina, and Sarah Bloom Raskin, a former Federal Reserve and Treasury official, for positions on the Board.

Raskin was nominated for the top regulatory post.

The Senate must approve each of the nominations.

For Cook and Jefferson, confirmation would mean joining an exclusive club – the duo would count among just five Black governors in the 108-year history of the Federal Reserve.

“This group will bring much-needed expertise, judgment, and leadership to the Federal Reserve while at the same time bringing a diversity of thought and perspective never seen before on the Board of Governors,” President Biden said in a statement.

“Together with Chair Powell and Dr. Brainard, who I renominated last month, this group will bring much-needed expertise, judgment, and leadership to the Federal Reserve while at the same time bringing a diversity of thought and perspective never seen before on the Board of Governors,” the President asserted.

“They will continue the important work of steering us on a path to a strong, sustainable recovery while making sure that price increases do not become entrenched over the long term.

“I have full confidence in the strong leadership of this group of nominees and that they have the experience, Judgment, and integrity to lead the Federal Reserve and to help build our economy back better for working families.”

Tags: Lisa D. CookPresident Joe Biden
Share30Tweet19
aframnews

aframnews

Recommended For You

Judge Ketanji Brown Jackson Sworn-in as First Black Woman on U.S. Supreme Court

by NNPA
6 months ago
0
Judge Ketanji Brown Jackson Sworn-in as First Black Woman on U.S. Supreme Court

“It took just one generation to go from segregation to the Supreme Court of the United States,” Jackson asserted. “It is an honor of a lifetime to have...

Read more

ELECTION 2022: A Report on Ten Black Candidates Running Statewide in 2022

by Chelsea Davis-Bibb
6 months ago
0
ELECTION 2022: A Report on Ten Black Candidates Running Statewide in 2022

The year of 2022 will prove to be a major test of the electability of Black statewide candidates as issues around voting rights and justice reform, confront the...

Read more

NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

by aframnews
6 months ago
0
NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

 By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia Ahead of the all-important 2022 midterm elections, reports show that more than 55 million Americans remain unregistered to...

Read more

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

by Chelsea Davis-Bibb
6 months ago
0
Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Former President Donald Trump’s Make America Great Again cry proved an easy between-the-lines moniker, but even that stood as a dog whistle – until now. By Stacy M....

Read more

Roe Decision Could Spur Massive Voter Turnout During Midterms

by Chelsea Davis-Bibb
6 months ago
0
Roe Decision Could Spur Massive Voter Turnout During Midterms

With the U.S. Supreme Court overturning the landmark Roe v. Wade statute and effectively taking away reproductive rights, some believe voters are now galvanized and poised for a...

Read more
Next Post

Democratic Sens. Manchin and Sinema kill any hopes for voting rights legislation

Latest Articles

How Long Is Too Long?

How Long Is Too Long?

6 months ago
Change Your Lifestyle

Change Your Lifestyle

6 months ago
Mental Health Is Everyone’s Problem

Mental Health Is Everyone’s Problem

6 months ago

NEED PAST ISSUES?

Search our archive of past issues Receive our Latest Updates
* indicates required
  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

ARTICLES

  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

CONNECT WITH US

  • Home
  • Advertise With Us
  • Contact

OTHER PUBLICATIONS

  • Hispanic News
  • Shirley Ann’s Flower Shop
African American News and Issues

African American News & Issues
6130 Wheatley St
Houston, TX 77091
(713) 692-1892

Subscribe To Our Newsletter

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

No Result
View All Result
  • Home
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Entertainment
  • Announcements
  • Events
  • Afram TV
  • Contact

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?