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May 11, 2022

Senate confirms Lisa Cook as first Black woman to serve on Fed board

The Senate has confirmed President Biden’s nominee Lisa Cook to serve on the Federal Reserve Board of Governors. The economist will be the first Black woman ever to serve on the board. Also, Marketplace’s China correspondent Jennifer Pak checks in from Shanghai, which is still in COVID lockdown and actually increasing restrictions. And, hear from a company that makes compact shelters for those experiencing homelessness in Washington state.

Lisa DeNell Cook, nominated to be a Member of the Board of Governors of the Federal Reserve System, testifies before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on February 3, 2022, in Washington, DC. — Lisa DeNell Cook, nominated to be a Member of the Board of Governors of the Federal Reserve System, testifies before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on February 3, 2022, in Washington, DC.
KEN CEDENO/POOL/AFP via Getty Images

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Segments From This Episode

Washington company that makes shelters for unhoused people thrives in the pandemic
by Troy Brynelson
Troy Brynelson / OPB
The company, Pallet, says shelters have been sold for use in more than 80 communities.
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The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jesson Duller Media Producer
Brian Allison Technical Director

Senate confirms Lisa Cook as first Black woman to serve on Fed board