Lisa Cook
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Lisa denell cook (born 1964) is an american economist who was sworn in as a member of the federal reserve board of governors in 2022 She was reappointed to the board on september 8, 2023, and sworn in on september 13, 2023, for a term ending january 31, 2038. She is the first black woman to sit on the board.
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President donald trump has moved to fire lisa cook from the central bank’s board of governors in what critics say is just his latest attack on the independence of the fed, which has not. Cook took office as a member of the board of governors of the federal reserve system on may 23, 2022, to fill an unexpired term ending january 31, 2024 The supreme court is allowing lisa cook to remain as a federal reserve governor for now
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The court is declining to act on the trump administration’s effort to immediately remove her.
Former president joe biden appointed cook as governor of the federal reserve in 2022, making her the first black woman to serve in the role. From the university of california, berkeley. Federal reserve chair jerome powell on wednesday said the supreme court’s deliberations over whether president donald trump can fire his colleague, lisa cook, might be the most consequential.