Commentary In August 2021, a group of lawmakers including Reps. Alexandria Ocasio-Cortez (D-N.Y.), Rashida Tlaib (D-Mich.), Ayanna Pressley (D-Mass.), Mondaire Jones (D-N.Y), and Chuy Garcia (D-Ill.), issued a public statement to President Biden, “As news of the possible reappointment of Federal Reserve Chair Jerome Powell circulates, we urge President Biden to reimagine a Federal Reserve focused on eliminating climate risk and advancing racial and economic justice.” These deep thinkers of Congress continued, “Under his leadership the Federal Reserve has taken very little action to mitigate the risk climate change poses to our financial system.” The congresspersons’ comments were duly noted (I guess) and Jerome Powell was reappointed to another term as chairman of the Fed. But now, under cover of a metaphorical night, they may be getting their wish. A Lotta People Can Do Damage The president recently nominated Sarah Bloom Raskin for the position as the Fed’s vice chair for bank …