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Senate confirms Lisa Cook as first Black woman on Federal Reserve Board

Black Women in Politics

Senate confirms Lisa Cook as first Black woman on Federal Reserve Board

By Zoë Richards and Frank Thorp V

 The Senate confirmed economist Lisa Cook on Tuesday night to serve on the Federal Reserve’s Board of Governors, making her the first Black woman to sit on the panel in its 108-year history.

Cook was confirmed in a 51-50 party-line vote, with Vice President Kamala Harris breaking the tie.

She will join the Fed at a challenging time as the central bank tries to rein in inflation. Last week, the Fed raised its core interest rate as it battles inflation levels that are now at 40-year highs.

“As President Biden said today, addressing inflation remains a top priority of the Biden-Harris Administration, as we work to lower costs for hardworking families,” a White House official said in a statement after the Senate vote. “It is important to have a fully-staffed Federal Reserve who can take on these challenges for the…

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Chrysalis

I am a future butterfly at the stage of growth when I am turning into an adult. I am enclosed in a hard case shell formed by love, family, and friends. It is the hardest stage of becoming a black butterfly. You will encounter many hardships only to come out stronger and better than what you went in. At this stage, you are finding out who you truly are and how to love yourself.

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The image of the butterfly has come to define the many expressions of the feminine black consciousness and for a good reason. The butterfly is the perfect articulation of the exquisite beauty of nature. Whether tiny or large, brightly colored or more subdued, the butterfly’s allure is undeniable. Each one displays its own unique patterns and hues, and no one species outshines any other.

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Flying High

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