Tag: Lisa Cook

Senate Approves Biden Nominee to Federal Reserve Board, With Harris Breaking Tie

The Senate on May 10 approved a President Joe Biden nominee to the Board of Governors of the Federal Reserve (Fed), with Vice President Kamala Harris casting the tiebreaking vote. Every Republican in the upper chamber voted against Lisa Cook’s nomination. Every Democrat and nominal independent voted for the nomination. Harris, as president of the…


As Crypto Rises, Some Bemoan Its Carbon Footprint

In the years since the still-anonymous ‘Satoshi Nakamoto’ created the first cryptocurrency, Bitcoin, crypto has proven to be polarizing. Proponents argue that cryptocurrencies offer a transparent alternative to fiat currencies like the dollar. Crypto transactions are permanently recorded on a decentralized ledger known as a blockchain, making them potentially resistant to censorship. For political dissidents,…