STATEMENT: Roosevelt Institute Celebrates the Confirmation of Board Vice Chair Dr. Lisa Cook to the Federal Reserve Board of Governors
New York, NY—The Roosevelt Institute congratulates Board Vice Chair Dr. Lisa Cook on her confirmation to serve on the Federal Reserve Board of Governors. Dr. Cook will be the first Black woman to serve on the Fed Board, and her experiences in banking and finance will help ensure the country’s financial system works for the many, not the few. Her decades of experience will serve the Fed well as it navigates our COVID economy.
Dr. Cook joined the Roosevelt Institute board in 2015 and currently holds the position of vice chair. During her tenure, the Roosevelt Institute has achieved substantial institutional growth, building a reputation as a respected think tank at the forefront of public debate about how to rebalance power in our economy and democracy. She has been a leader in both internal governance and external strategy during this period of marked growth.
“A constant voice of wisdom at board meetings, I was so grateful for the role Lisa played in helping Roosevelt build the organization in both the short and long term,” said Wong. “I look forward to seeing how her expertise helps the Fed navigate the hard questions that will come before it during these challenging times.”
“As a longtime friend, colleague, and fellow board member, I know Lisa as a thoughtful, seasoned leader, whose insight and decades of experience will serve our nation well,” said Roosevelt. “If my grandparents were here today, they would be beyond thrilled to see Lisa carrying on their legacy of public service. And they’d be beyond proud to see how diverse the Fed Board has become.”