The Senate voted to confirm Lisa Cook to the Federal Reserve, making her the first Black woman to sit on the central bank’s board.
Ms. Cook was approved Tuesday on a party-line vote, 51-50, with Vice President Kamala Harris breaking a tie. Ms. Cook is the second Fed nominee of President Biden to win Senate confirmation, following Fed governor Lael Brainard, who was approved as the central bank’s vice chairwoman last month.
To Read the Full Story
