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The Latest Breaking News from Lisa Cook

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

WEKU

Fed Governor Says Traditional Econ Data May Not Be Keeping Up With Inflation: 'Often A Mistake'

A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore.

Benzinga

Fed's Cook says more rate hikes needed to combat inflation

Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control

The Independent UK

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Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

The Independent UK

Hot inflation dims likelihood Fed can achieve 'soft landing'

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

The Independent UK

Senate panel backs Michael Barr, Biden pick as Fed regulator

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

The Independent UK

Rhondda printing firm completes MBO safeguarding 20 jobs

Printing Components will continue to operate in Aberdare after it was purchased by two local entrepreneurs

Birmingham Post

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Black economists make up only 1.5% of Federal Reserve staff

The numbers highlight the Fed's struggles with diversity.

Axios

Fed Chair Jerome Powell is confirmed for a 2nd term. Inflation will be his focus

Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.

WEKU

Powell is confirmed to a 2nd term as Fed chair. Fighting inflation will be his focus

Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.

WEKU

Senate confirms Black economist to Federal Reserve Board

The Senate has confirmed economist Phillip Jefferson to the Federal Reserve’s Board of Governors

The Independent UK

Senate confirms Jefferson, fourth Black man to join Fed board - Roll Call

Philip Jefferson will become the fourth Black man to join the Fed board after the Senate confirmed him with strong bipartisan support.

Roll Call

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

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Tribune News Service

Senate approves Lisa Cook as first Black woman on Federal Reserve board of governors

Cook is only the second of Biden's five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition.

WEKU

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The Independent UK

Senate approves Lisa Cook as first Black woman to Fed post

The Senate has confirmed Michigan State economist Lisa Cook to serve on the Federal Reserve’s board of governors

Roll Call

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board - Roll Call

The Senate voted Tuesday to confirm Lisa Cook for the Federal Reserve Board. She will be the first Black woman on the board.

Tribune News Service

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

Roll Call

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote - Roll Call

Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats.

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Roll Call

Biden to nominate former Treasury official as top Fed bank regulator - Roll Call

President Biden will nominate Michael Barr, a former Treasury official, to be the top bank regulator at the Federal Reserve.

Tribune News Service

Cook inches toward Fed as Senate votes to discharge nomination

Lisa Cook cleared another hurdle toward becoming the first Black woman to join the Federal Reserve Board as the Senate on Tuesday voted to discharge her nomination from committee.

The Independent UK

Senate advances controversial Fed nominee on party-line vote

The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve’s Board of Governors on a 50-49 party-line vote

Roll Call

Cook inches toward Fed as Senate votes to discharge nomination

Bringing Lisa Cook's nomination to the floor from the Senate Banking panel opened a path to confirm the first Black woman on the Fed.

The Independent UK

Powell and 3 other nominees to Fed posts clear Senate panel

The Senate Banking Committee has approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve

Roll Call

Senate Banking advances Powell, two other Fed nominees after Raskin withdrawal - Roll Call

Senate Banking Republicans provided the quorum the panel needed Wednesday to vote on Fed Chair Jerome Powell and other nominees.

Tribune News Service

Senate Banking to vote on nominees who would give Fed historic race and gender diversity

President Joe Biden’s effort to build a more diverse, climate-conscious Federal Reserve faces its first hurdle Tuesday as the Senate Banking Committee votes on whether to advance five nominees to the full Senate for consideration.

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