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Nearly 600 economists sign open letter in support of Cook, calling for the defense of Federal Reserve independence

Nearly 600 economists sign open letter in support of Cook, calling for the defense of Federal Reserve independence

金色财经2025/09/02 15:24

Jinse Finance reported that numerous renowned economists have voiced their support for Federal Reserve Governor Lisa Cook, after former U.S. President Trump sought to dismiss her over alleged mortgage fraud. Nearly 600 economists have signed an open letter backing Cook, stating that the threshold for removing a Federal Reserve Governor is very high and that elected officials should avoid actions or rhetoric that undermine the Fed's independence. The open letter, published on Tuesday, was signed by Nobel laureates Claudia Goldin and Paul Romer, former Chair of the Council of Economic Advisers under the Obama administration Christina Romer, as well as Ohio State University professor Trevon Logan, who has co-authored papers with Cook.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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