Flashback: GOP Sen. Hagerty Raises Concerns Over Lisa Cook’s Academic Record at Her Confirmation Hearing
EXCERPT:
HAGERTY: "Dr. Cook, whether intentional or unintentional, it appears you made a number of omission sin the paperwork that you submitted to this committee, and you made several mischaracterizations of your background. But even more concerning to me with respect to your nominations is that your background, although very impressive, as you covered with Sen. Kennedy, doesn’t seem related to the mission of the Federal Reserve. So I looked at your list of publications, your speeches, it seems more like social science than it does economics and monetary policy. Could you describe for me in more detail what your economic specialty is?"
COOK: "Senator, thank you so much for that question. I certainly am proud of my academic backgrounds. I know that I have been the target of anonymous and untrue attacks on my academic record. But I’d like to tell you about my academic record. Have — and that is relevant. Have a PhD in economics from the University of California Berkeley. I specialized in macroeconomics and international economics — "
HAGGERTY: "I’m aware of that. I would like to get to that and the questions for the record. There are a number of issues about claiming that articles were peer-reviewed when they were not, the characterization of your academic affiliations, but we’ll get to that in the questions for the record. My question for you now is, if you would underscore what your academic specialty is and how it's related to monetary policy."
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