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Lisa Cook

Governor, Federal Reserve Board Of Governors

Search every verified Lisa Cook interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Federal Reserve Governor Lisa Cook has focused recent public appearances on the intersection of artificial intelligence, financial inclusion, and small business economics. At a July 2026 panel on "Emerging Innovation, AI and Financial Inclusion," Cook stated that financial inclusion "connects directly to our dual mandate" and described AI as "central to my work at the Fed." She noted that the speed of AI adoption is "remarkable," citing a small business credit survey finding that nearly half of small employer firms reported using AI and 71% saw increased productivity. Cook also said she began holding roundtables with stakeholders in 2022, before ChatGPT appeared, because stakeholders "weren't talking to one another." In May 2026 remarks at the SIEPR Spring Policy Forum, Cook said inflation was "clearly moving in the wrong direction," estimating the PCE price index rose 3.8% over the 12 months ending in April, "well above our 2% target." She stated that she saw "elevated risks to both sides of our mandate" and believed "the right course of action is to hold rates steady," while adding she was "prepared to raise rates if the expected disinflation does not appear in a timely manner." Cook also warned that "AI-related job loss could precede job gains" and that the economy "could be approaching the most significant reorganization of work in generations." At the June 2026 State of Small Business Symposium, Cook highlighted that 99.9% of U.S. businesses have fewer than 500 employees and have accounted for 61% of net new job creation since 1995, emphasizing that achieving the dual mandate "will create the conditions where small businesses and all Americans can thrive."

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