Nearly 600 economists have signed an open letter in support of Cook, calling for the defense of the independence of the Federal Reserve
2025-09-02 15:07:04
On September 2nd, a number of prominent economists have expressed their support for Federal Reserve governor Lisa Cook after US President Donald Trump sought to fire her over alleged mortgage fraud. Nearly 600 economists signed an open letter in support of Cook, saying that the bar for removing a Fed governor is high and elected officials should refrain from words and actions that erode the independence of the Federal Reserve. The open letter, published on Tuesday, was signed by Nobel laureates Claudia Goldin and Paul Romer, Christina Romer, who chaired the Obama administration's Council of Economic Advisers, and Trevon Logan, an Ohio State University professor who co-authored papers with Cook.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
