Former Fed Chairs, Treasury Secretaries Reportedly Urge Supreme Court To Block Trump From Firing Lisa Cook – Here’s The Full List Of Signatories

All living former Federal Reserve chairs, along with a group of former Treasury secretaries and White House economic advisers, reportedly urged the Supreme Court on Thursday to block President Donald Trump from firing Fed Governor Lisa Cook while her lawsuit challenging her removal is pending.

“Allowing the removal of Governor Lisa D. Cook while the challenge is pending would threaten Fed independence and erode public confidence,” the legal brief said, according to a CNBC report.

It added that allowing Cook to be removed now “would expose the Federal Reserve to political influences, thereby eroding public confidence in the Fed’s independence and jeopardizing the credibility and efficacy of U.S. monetary policy.”

The report stated that Cook’s attorneys currently face a Thursday deadline to respond to the Justice Department's arguments that Trump should be allowed to remove her while the Supreme Court considers whether he has legal grounds to do so.

In August, Trump announced on Truth Social that he was firing Cook over alleged mortgage fraud tied to applications for two residential properties she owns. Cook, thereafter, denied any wrongdoing. She filed a lawsuit in a U.S. District Court seeking to block her removal.

In early September, a federal judge barred her firing, a ruling later upheld in a split decision by a three-judge panel on the D.C. federal appeals court. Trump has since asked the Supreme Court to overturn those decisions.

Here’s the complete list of signatories.

Former Federal Reserve Chairs: Alan Greenspan, Ben Bernanke, Janet Yellen

Former U.S. Treasury Secretaries: Robert Rubin, Larry Summers, Hank Paulson, Jack Lew, Timothy Geithner

Former Chairs of the White House Council of Economic Advisers: Glenn Hubbard, Greg Mankiw, Christina Romer, Cecilia Rouse, Jared Bernstein, Jason Furman

Former Federal Reserve Governor: Dan Tarullo

Economists: Ken Rogoff, Phil Gramm, John Cochrane

The U.S. stock market fell in morning trade on Thursday. The SPDR S&P 500 ETF (SPY) was down 0.34%, the SPDR Dow Jones Industrial Average ETF (DIA) slipped 0.13%, and the Nasdaq-100 tracking Invesco QQQ Trust (QQQ) moved 0.28% lower. 

If losses hold, this would mark a third day of decline for the S&P 500. However, retail sentiment around SPY on Stocktwits remained in ‘bullish’ territory over the past day. Meanwhile, retail sentiment around QQQ improved to ‘neutral’ from the ‘bearish’ zone.

Read also: U.S. Jobless Claims Fall To 218,000 Last Week

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