Attack on Federal Reserve Govenor Dr. Lisa Cook is "An Affront to the Progress Black Leadership has Made in America's Most Vital Institutions
NEW YORK (August 26, 2015) — Marc H. Morial, President and CEO of the National Urban League, issued the following statement today regarding President Trump’s attempt to remove Dr. Lisa D. Cook from her role as Governor on the Federal Reserve Board:
"Dr. Lisa D. Cook is not merely the first Black woman ever to serve on the Board of Governors of the Federal Reserve System—she is a distinguished economist whose career has been defined by rigorous scholarship, principled independence, and an unwavering commitment to economic inclusion. Since her confirmation and ongoing service, Dr. Cook has drawn on her expertise in banking systems, innovation, and macroeconomic policy to elevate the voices of communities too often excluded from policymaking.