Democratic Senator Mark Warner on Fed Nominees

U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Committee on Banking, Housing and Urban Affairs, released the below statement following a hearing on the nominations of the Sarah Bloom Raskin for Federal Reserve Vice Chair for Supervision and Lisa Cook and Philip Jefferson for Governors of the Federal Reserve:

• “As our economy continues to recover, we need leaders at the Federal Reserve who will ensure stability in our central banking system and work to combat the effects of inflation driven by challenges in the global supply chain. Sarah Bloom Raskin, Lisa Cook and Philip Jefferson have long and varied experiences that make them ideal nominees for the Federal Reserve and I look forward working with them to make sure our economic recovery lifts up all of our communities.”