Fed Nominee Lisa Cook a Step Closer to Senate Confirmation
- Cook was nominated by Biden as first Black woman Fed governor
- Full Senate procedural vote needed after committee deadlock
Lisa Cook
Photographer: Ken Cedeno/Reuters/Bloomberg
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The full Senate voted to advance Federal Reserve nominee Lisa Cook’s nomination out of the deadlocked Banking Committee, potentially setting up final votes to confirm her and three other nominees to the central bank.
Tuesday’s 50-49 full Senate vote was needed after Republicans on the Banking Committee voted in unison against Cook, producing a 12-12 split.