Top Harvard economists challenge Trump’s bid to fire Fed Governor Lisa Cook
Nine Harvard economists and former Fed chairs have petitioned the Supreme Court to block President Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook, citing threats to central bank independence. Trump accuses Cook of false mortgage statements, which she denies. The high-stakes case, already upheld in lower courts, could reshape U.S. economic governance and confidence in the Fed.
Nine Harvard economists and former Fed chairs have petitioned the Supreme Court to block President Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook, citing threats to central bank independence. Trump accuses Cook of false mortgage statements, which she denies. The high-stakes case, already upheld in lower courts, could reshape U.S. economic governance and confidence in the Fed.
