Former Federal Reserve Chairs Bernanke and Greenspan sign in support of Fed Governor Cook
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On Thursday, all living former Federal Reserve chairs, several former U.S. Treasury secretaries, and former White House economic advisers urged the U.S. Supreme Court not to allow Trump to dismiss Fed Governor Lisa Cook, as challenges to the dismissal have not yet been resolved.
In a brief submitted to the U.S. Supreme Court, they stated: "Allowing the dismissal of Governor Lisa D. Cook while legal challenges to the removal remain unresolved would threaten the independence of the Federal Reserve and undermine public confidence in the Fed."
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