First Black woman confirmed for Fed as central bank enters Biden era

Lisa Cook is sworn in during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Thursday, Feb. 3, 2022, in Washington. | Bill Clark/Pool via AP

The Senate on Tuesday gave President Joe Biden his first official stamp on the Federal Reserve at a pivotal moment for the central bank.

Lisa Cook, a Michigan State University economist, was approved on a party-line vote to become the first Black woman ever to get a vote on U.S. interest rate policy, two weeks after Lael Brainard, a Fed board member since 2014, was confirmed for the No. 2 job. Two more nominees, including Chair

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