Confirm Fed nominees
President Biden’s latest nominees to the Federal Reserve — Sarah Bloom Raskin to be vice chair for supervision and economists Lisa Cook and Philip Jefferson to be Fed governors — are highly qualified experts who deserve to be confirmed swiftly. All three have strong ties to the central bank. Ms. Bloom Raskin, a lawyer, was a Fed governor from 2010 to 2014 and then became deputy treasury secretary. Ms. Cook is a director of the Chicago Fed and has been a regular contributor in recent years to the prestigious Jackson Hole gathering of central bankers and top economic thinkers. She ...