(UnitedVoice.com) – President Biden’s nominee for governor of the Federal Reserve faced questions last week after it emerged she could be lying about an anti-apartheid protest she claims to have taken part in.
Biden Fed nominee said she led a protest at Spelman in 1986 in which she "locked up" school officials to force a vote on South Africa divestment.
But news reports contradict her claim, much as with Biden's claim he was arrested at civil rights protest. https://t.co/Zb2ZiOzuG1
— Chuck Ross (@ChuckRossDC) February 3, 2022
Last September, Michigan State University economics professor Lisa Cook, who Biden has picked to join the Board of Governors of the central bank, told an interviewer that as a student in 1986, she and other activists locked up Spelman College’s board of trustees until they agreed to divest school funds from South Africa, which at the time was under the apartheid system.
The problem is that while Spelman’s trustees did pull their investments from South Africa in 1986, there’s no record of a student protest at the time. There is a record of a protest very like the one Cook described, where the trustees were imprisoned by students in an effort to influence their choice of school president – but it happened in 1976 when Cook was 12 years old.
Of course, there are legitimate questions about why a potential bank governor would boast about illegally imprisoning college trustees, but Cook’s apparent deception raises some more urgent ones. If she legitimately can’t remember that she wasn’t part of the protest, is she really a suitable person to help run our central bank?
On the other hand, if she’s consciously lying about it, is she really a suitable person to help run our central bank?
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