Overview

• Every living former Fed chair—Alan Greenspan, Ben Bernanke and Janet Yellen—joined former Treasury secretaries Robert Rubin, Larry Summers, Hank Paulson, Jack Lew and Timothy Geithner in the amicus filing.
• The signatories, which also include former CEA chairs Glenn Hubbard, Greg Mankiw, Christina Romer, Cecilia Rouse, Jared Bernstein and Jason Furman, plus former Fed governor Dan Tarullo and economists Ken Rogoff, Phil Gramm and John Cochrane, urge the Court to keep Cook in place during her case.
• The brief argues that weakening Fed independence would erode public confidence and risks inferior long‑term economic performance, including higher and less stable inflation.
• Two courts have blocked the removal so far, President Trump has asked the Supreme Court to allow the firing, and the justices requested Cook’s response by Thursday evening.
• The White House cites mortgage‑fraud allegations for cause, which Cook denies; she has not been charged and is the first Black woman appointed to the Fed board in 2022.