April 26, 2022

Brown Blasts Republican Attempts to Stonewall Dr. Lisa Cook’s Confirmation

Today, Sen. Sherrod Brown (D-OH), Chair of the Senate Committee on Banking, Housing, and Urban Affairs, issued the following statement regarding the confirmation of votes of Governor Lael Brainard to be Vice Chair of the Federal Reserve Board, and the cloture vote of Dr. Lisa Cook, nominee to be a Member of the Board of Governors of the Federal Reserve System.

“I congratulate Governor Lael Brainard on her confirmation to be Vice Chair of the Federal Reserve Board. I look forward to working with her and the entire board to continue our economic recovery, said Brown. “We’ve made tremendous economic progress over the last year, but Republicans continue to put that progress and our efforts to fight inflation at risk by blocking key economic policy nominees like Dr. Lisa Cook. It is disappointing that Senate Republicans are exploiting the absences of our colleagues to stop a qualified Black woman – the first African American woman ever nominated to serve on the Federal Reserve Board. Once again, they’ve decided that scoring political points is more important than serving the public and bringing down prices for American families. The Senate will reconsider Dr. Cook’s nomination expeditiously, and I look forward to the Senate confirming this exceptionally talented and qualified nominee to the Board of Governors.”