Supreme Court Keeps Lisa Cook on Federal Reserve Board Amid Political Pressures
SCOTUS blocks Trump's bid to remove Lisa Cook, preserving Federal Reserve independence amid ongoing political tensions.
Lisa DeNell Cook (born 1964) is an American economist and a member of the Federal Reserve Board of Governors, having assumed office in May 2022 and reappointed in September 2023 for a term ending in 2038. She is notable as the first African American woman to serve on the Federal Reserve Board[1][2][6][8]. Cook holds a BA in Physics and Philosophy from Spelman College, where she was the first Marshall Scholar, and earned a second BA in Philosophy, Politics, and Economics from Oxford University. She completed her Ph.D. in Economics at the University of California, Berkeley, specializing in macroeconomics and international economics[2][3][6]. Her academic career includes faculty positions at Harvard University's Kennedy School of Government (1997–2002), where she was deputy director of Africa Research at the Center for International Development, and Michigan State University, where she has been a professor of economics and international relations since 2005 and gained tenure in 2013[1][2][3][6]. She was also a National Fellow at Stanford University's Hoover Institution (2002–2005). Cook has held significant advisory roles, including senior economist on the Obama Administration’s Council of Economic Advisers (2011–2012) and senior advisor on finance and development at the U.S. Treasury Department (2000–2001). She advised the Nigerian government on banking reforms and Rwanda on economic development[1][2][6]. Her research spans international economics, economic growth, innovation, financial markets, and the economic history of African Americans, notably linking racial violence during Jim Crow to suppressed patent activity. She also leads efforts to promote diversity in economics, directing the American Economic Association’s Summer Program for underrepresented minority students and serving on its Executive Committee[1][5][6]. In 2020, Cook contributed to the Biden presidential transition team’s review of financial regulatory agencies. She has also served on the board of directors of the Federal Reserve Bank of Chicago and the Federal Home Loan Bank of Indianapolis[1][5]. Cook is recognized for her scholarship, public service, and advocacy for inclusion in economics, and has been honored as a leading Black economist by Fortune magazine[5].
SCOTUS blocks Trump's bid to remove Lisa Cook, preserving Federal Reserve independence amid ongoing political tensions.
President Trump's efforts to remove Lisa Cook from the Federal Reserve Board could have far-reaching consequences for the Fed and its role in the US economy.
Chief Justice John Roberts has given Federal Reserve Governor Lisa Cook more time to respond to President Donald Trump's request to remove her from office.
The Trump administration's request to remove Federal Reserve Governor Lisa Cook could have significant implications for the central bank and future presidents' control over the economy and federal spending.
A recent ruling by the US appeals court has blocked the Trump administration's efforts to fire Lisa Cook from the Federal Reserve, citing a 'strong likelihood of success' for Cook's claim of being denied due process.
The appeals court has ruled in favor of Lisa Cook, allowing her to remain on the Federal Reserve Board and protecting the central bank's decision-making process from political interference.
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The controversy continues as documents reveal Fed governor Lisa Cook's ownership of a second home in Washington D.C. and raise questions about her financial stability and potential conflicts of interest.
Federal Reserve governor Lisa Cook's recent controversy involving a contested home raises doubts about her integrity and brings the Federal Reserve's ethical standards into question.
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Learn about the recent legal battle between Federal Reserve Governor Lisa Cook and President Trump over her attempted firing.
A ruling by the Supreme Court will determine the future of the Federal Reserve's independence and the power of the president to remove governors for political reasons.
The Justice Department's subpoenas targeting Fed governor Lisa Cook raise questions about political pressure and unresolved allegations.
Fed Governor Lisa Cook faces scrutiny over her actions in a lawsuit against President Trump, raising concerns about the Fed's independence and her integrity.
An analysis of the recent ousting of Federal Reserve board member Lisa Cook by President Donald Trump and its potential consequences.
President Trump's decision to remove Lisa Cook from her position as a member of the Federal Reserve Board of Governors has caused a stir in the political and financial world.
Updates on the ongoing legal battle between Fed governor Lisa Cook and President Trump, and its potential impact on future nominations and political tensions.