Posted on 03/29/2022 11:25:15 AM PDT by Oldeconomybuyer
WASHINGTON (AP) — The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve’s Board of Governors on a 50-49 party-line vote.
The result suggests that there is sufficient support in the evenly-divided Senate to approve Cook, who would be the first Black woman to serve on the Fed’s powerful board in its 108-year history. All 50 Senate Democrats voted in favor, while all Republicans, except for Sen. John Kennedy, from Louisiana, voted against her nomination. Kennedy did not vote.
“Professor Cook has nearly zero experience in monetary policy,” Toomey said before the vote. “What’s even more troubling is that, in addition to having no monetary policy experience, Professor Cook also appears to have no opinion at all on how the Fed should address inflation.”
Her most well-known research has focused on the impact of lynchings and racial violence on African-American innovation, which some conservative economists have said isn’t relevant to the Fed’s mission.
Toomey also criticized her for having a “history of extreme left-wing political advocacy and hostility to opposing viewpoints,” including comments on Twitter in favor of reparations for African Americans.
Democratic Sen. Sherrod Brown from Ohio, chairman of the Banking Committee, said Cook is “extremely qualified.”
(Excerpt) Read more at apnews.com ...
IF blacks are SOOOOO TALENTED—Why is Africa such a mess.???
Actually this is one time I really don’t care if they nominate a radical, or an affirmative action candidate. The Fed is already utterly incompetent, so I doubt anyone they nominate can actually make it worse.
The Africans left behind were the winners. We got the losers.
How the H does that treasonous moron Brown keep getting re-elected?
“Actually this is one time I really don’t care if they nominate a radical, or an affirmative action candidate. The Fed is already utterly incompetent, so I doubt anyone they nominate can actually make it worse.”
I agree....let it all crumble so we can get “to it”. It’s inevitable...
Why didn’t Kennedy vote? It wouldn’t have made a difference, but it would have forced Harris to come to the Senate and cast a tiebreaker vote.
I expect that the same thing will happen with Ketanji Brown Jackson’s Supreme Court nomination, except a couple of RINOs will break ranks and vote to approve.
Plumbing and light reflectivity rule!
“IF blacks are SOOOOO TALENTED—Why is Africa such a mess.???”
Stop asking legitimate questions. :)
I would like to nominate homeless people to be doctors/surgeons for democRATs.
“Why didn’t Kennedy vote?”
Pre-Planned by Republicans (Establishment). Act like you’re against the nominee yet advance because you’re in bed with Democrats.
Well unfortunately when they control any amount of money mega $$$$ come up missing. They consider it reperations...not theft.
I'm going t say, "What is the Bell Curve? for $2,000, Alex.
https://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s
It has been done before and the USA survived.
this shows good thinking. optics matter to the great unwashed. I’m tired of handing the opposition bullets.
Pierre Delecto, Murky, Collins and other assorted RINO scum will ensure that Kamalatoe will not have to cast the deciding vote for KBJ.
Deny them the optics.
—
Then there is the take that they are too spineless and complicit to
actually stand up or stand for anything other than their personal reelection.
Tell me who is really running this country?
The homosexual Obama strikes again. /spit
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