The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve's Board of Governors on a 50-49 party-line vote.
The result suggests that there is sufficient support in the evenly-divided Senate to approve Cook, who would be the first Black woman to serve on the Fed's powerful board in its 108-year history. All 50 Senate Democrats voted in favor, while all Republicans, except for Sen. John Kennedy, from Louisiana, voted against her nomination. Kennedy did not vote.
