‘Extreme Left-Wing Positions’: Biden’s ‘Activist’ Fed Nominee Lisa Cook Once Supported Reparations

President Joe Biden’s nominee to regulate the banking industry has previously expressed support for economic reparations to black Americans, Fox Business reported Monday.

Lisa Cook, a professor of international relations and economics at Michigan State University, has an extensive history of supporting “race-specific” financial compensation “because the injury was race-specific,” Fox reported. Cook was nominated on Jan. 14 to serve on the Board of Governors of the Federal Reserve System.

“Everybody benefited from slavery. Everybody. So, I think that we absolutely need some sort of reckoning with that,” said Cook on the EconTalk podcast in September 2020. “One thing I do support is H.R. 40 … I think that’s absolutely what needs to be done,” said Cook in a March 2021 talk at Berkeley Haas, referencing a bill that would establish a commission to study and develop reparation proposals.