Supreme Court urged to uphold Lisa Cook's Fed position amid political pressure
TL;DR Summary
Lisa Cook, a Federal Reserve governor, urged the US Supreme Court to reject Donald Trump's attempt to fire her, arguing that such an action would undermine the Fed's independence and disrupt financial stability. The case involves legal battles over Trump's authority to remove Fed governors for cause, with significant implications for the central bank's independence and monetary policy. Cook's legal challenge is supported by former top economic officials, emphasizing the importance of maintaining the Fed's independence from political interference.
- Lisa Cook urges supreme court to reject Trump’s bid to fire her from Fed board The Guardian
- Alan Greenspan and every other living former Fed chair tell Supreme Court that Lisa Cook should keep her job CNN
- Lisa Cook Asks Supreme Court to Remain at Fed, Calling Fraud Allegations ‘Flimsy’ The New York Times
- Former Fed, Treasury chiefs urge Supreme Court to block Trump firing Lisa Cook CNBC
- Former Fed Chairs Urge Supreme Court to Protect Fed Independence The Wall Street Journal
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