Lisa D. Cook

Lisa Cook
Member of the Federal Reserve Board of Governors
Assumed office
May 23, 2022
Nominated byJoe Biden
Preceded byJanet Yellen
Personal details
Born1964 (age 59–60)
EducationSpelman College (BA)
St Hilda's College, Oxford (BA)
Cheikh Anta Diop University (MA)
University of California, Berkeley (PhD)
WebsiteOfficial website
Academic career
InstitutionMichigan State University
FieldMacroeconomics
Economic history
Doctoral
advisor
Barry Eichengreen
David Romer
AwardsTruman Scholar (1984)
Marshall Scholar (1986)

Lisa DeNell Cook is an American economist who has served as a member of the Federal Reserve Board of Governors since May 23, 2022. She is the first African American woman and first woman of color to sit on the Board. Before her appointment to the Federal Reserve, she was elected to the board of directors of the Federal Reserve Bank of Chicago.[1]

Cook was previously a professor of economics and international relations at Michigan State University and a member of the American Economic Association's Executive Committee.[2] An authority on international economics, especially the Russian economy, she has been involved in advising policymakers from the Obama Administration to the Nigerian and Rwandan governments. Her research is at the intersection of macroeconomics and economic history, with recent work in African-American history and innovation economics.[3][4] Cook is regarded as one of the few prominent black female economists and has attracted attention within academia for her efforts in mentoring black women and advocating for their inclusion in the field of economics.[5]

On January 14, 2022, President Joe Biden nominated Cook to serve as Federal Reserve governor;[6] she was confirmed by the U.S. Senate on May 10, and took office on May 23, 2022.[7]

  1. ^ Ward, Kim (January 12, 2022). "MSU's Lisa Cook elected to Federal Reserve Bank of Chicago board". MSUToday. Michigan State University. Retrieved January 13, 2022.
  2. ^ "American Economic Association". www.aeaweb.org. Retrieved January 16, 2020.
  3. ^ Cite error: The named reference CSMGEP was invoked but never defined (see the help page).
  4. ^ "Lisa Cook". Equitable Growth. Retrieved January 16, 2020.
  5. ^ Casselman, Ben; Tankersley, Jim (June 10, 2020). "Economics, dominated by white men, is roiled by Black Lives Matter". The New York Times.
  6. ^ Franck, Thomas (January 14, 2022). "Biden to nominate Sarah Bloom Raskin as vice chair for supervision at Fed; Lisa Cook and Philip Jefferson as governors". CNBC. Retrieved January 14, 2022.
  7. ^ Lane, Sylvan (May 23, 2022). "Biden's Fed nominees sworn into office". The Hill. Retrieved May 23, 2022.

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