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600 economists outline 'strong support’ for fired US Fed Governor Cook

By Neil Roland ( September 3, 2025, 17:59 GMT | Insight) -- Nearly 600 economists signed a letter expressing “strong support” for fired US Federal Reserve Governor Lisa Cook in her suit against President Trump and warning of the economic consequences if Trump succeeds in ousting her. “No Governor should be removed absent a clear, documented ‘for cause’ basis that would withstand judicial scrutiny,” the letter said. “Weakening that standard increases monetary policy uncertainty and forces markets to price political risk into interest rates, raising those rates and costs for families and businesses.”Nearly 600 economists signed a letter expressing “strong support” for fired US Federal Reserve Governor Lisa Cook in her suit against President Trump and warning of the economic consequences if Trump succeeds in ousting her....

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