January 28, 2022

Brown Meets with Federal Reserve Nominees

Today, Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after meetings with the Honorable Sarah Bloom Raskin, nominee to be Federal Reserve Vice Chair for Supervision; and Dr. Lisa Cook and Dr. Philip Jefferson, nominees to be Governors of the Federal Reserve: 

“There is no question that these nominees are qualifiedThey are well established and respected in the public and private sectors and academia. They also have bipartisan support from top economists, former Fed Governors, bankers, and other organizations. In my meetings with them, they made clear that they understand how our economy works – and who makes it work.

“I look forward to their hearing next week and urge my colleagues to end their baseless smear tactics and support these nominees. They have been fully transparent and provided the information requested by the Committee. And they will all bring new and important perspectives to the Federal Reserve Board about the economic issues that matter most to Americans’ lives, like raising wages, increasing job opportunities, and bringing down prices.”