Every living former chair of the Federal Reserve , as well as a slew of ex-Treasury secretaries and former White House economic advisors, urged the Supreme Court on Thursday to block President Donald Trump from firing Fed Governor Lisa Cook as her lawsuit challenging her removal proceeds.
The signers said in a legal brief, "The independence of the Federal Reserve, within the limited authority granted by Congress to achieve the goals Congress itself has set, is a critical feature of our national monetary system."
"Allowing the removal of Governor Lisa D. Cook while the challenge to her removal is pending would threaten that independence and erode public confidence in the Fed," the amicus brief said.
Signers of the brief included the former Fed chairs Alan Greenspan, Ben Bernanke,