Biden Federal Reserve Nominee Faces Grilling Over Her Support of Reparations, Policing Reform

Lisa 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 nominated by President Joe Biden to serve on the Fed’s Board of Governors. During her confirmation hearing Thursday, Republicans are planning to highlight her past political remarks and social media use to raise questions about her commitment to remaining nonpartisan as a top Fed official.
Cook has a history of speaking about reparations, which is the notion that the government should subsidize or give some sort of payout to the decedents of slaves. She has supported legislation that would create a commission to study and develop reparation proposals.