Federal Reserve Governor Lisa Cook and governor and vice chair nominee Philip Jefferson face a Senate Banking Committee confirmation hearing on Wednesday.
Prepared remarks have been released, summary post here:
Full text of their respective testimonies can be found here:
And Reuters have a summary popped up also, link here:
- Federal Reserve Governor Lisa Cook, renominated to a 14-year term to begin when her current one expires in January, took a sterner tone, calling the current moment a “critical juncture” for the American economy and observing that “it will be essential for the FOMC to act as needed” to bring down inflation.
Lisa Cook