350.org on Senate Advancing of Lisa Cook for Federal Reserve Board of Governors

The U.S. Senate has voted to move forward on Lisa Cook's historic nomination to the Federal Reserve Board of Governors.

Following Republican's refusal to move forward on Cook's nomination, the Senate advanced Cook's nomination out of the deadlocked Senate Banking Committee, potentially setting up final votes to confirm her and three other nominees to the central bank. The full Senate Vote was 50-49.

Brooke Harper, Campaign Manager at 350.org Made the Following Statement:

"We are one step closer to a fully functioning Federal Reserve. After weeks of racially charged attacks against the highly qualified economics professor and director of the Federal Reserve Bank of Chicago, we are pleased to see the Senate move forward on this nomination.

"This slate of nominees is hands down the most-qualified and diverse Federal Reserve Board of Governors nominees in our nation's history. We urge the Senate to move forward on all the remaining nominees. At a time when inflation is rampant, and the climate crisis is being fueled by financial flows to fossil fuels -- we need a fully functional federal reserve that is able to tackle the crises of our time."

About 350.org

350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis.

We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.