Senate confirms Biden’s radical Federal Reserve nomineee

It’s official. President Joe Biden, with the help of the U.S. Senate, just added another radical leftist to his administration.

Breitbart News reports that the U.S. Senate has confirmed Biden’s nomination of Dr. Lisa Cook to the Federal Reserve’s board of governors. 

The Senate held Cook’s confirmation vote on Tuesday after invoking cloture. The initial vote tally was 50 to 50: a tie.

In the event of a tie in the Senate, the vice president gets the tie-breaking vote. Vice President Kamala Harris used that vote to push Cook through.

Another controversial nominee

Leading up to the confirmation vote, Republicans voiced numerous concerns about Cook. Many of these concerns were summed up by Sen. Pat Toomey (R-PA), the ranking member of the Senate Banking Committee, in a speech that he gave on the Senate floor shortly before Cook’s confirmation vote.

Toomey said:

Professor Cook’s record indicates that she is likely to inject further political bias into the Fed’s work—at a time when we need the Fed focused on fighting inflation. In her statements, tweets, and retweets, Professor Cook has supported race-based reparations, promoted conspiracies about Georgia voter laws, and sought to cancel those who disagree with her views, such as publicly calling for the firing of an economist who dared to tweet that he opposed defunding the Chicago police.

Toomey added, “the Fed is already suffering from a credibility problem because of its involvement in politics and departure from its statutorily proscribed role. I’m concerned that Professor Cook will further politicize an institution that must remain apolitical.”

Cook has also faced an accusation from Republicans that she embellished her resume, an accusation which she denied under oath.

Racists!

The Democrats responded to this criticism the way they always do, by, more or less, calling Republicans racists.

The Democrats made it clear that one of the main reasons why they wanted to confirm Cook was so that she can be the first Black woman on the Federal Reserve’s board in its more than 100-year history.

The Democrats downplayed Cook’s lack of experience instead arguing that, as a professor and as an economist with a Ph. D, Cook would bring a different point of view to the board.

We’ll have to see how it plays out.

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