RELIABILITY: Mixed
A rare filing from economic heavyweights could shape how Supreme Court justices view the limits of presidential control over the Federal Reserve and U.S. monetary policy. On Wednesday, the nation’s highest court heard oral arguments for two hours on whether President Donald Trump has the authority to remove Lisa Cook from the Federal Reserve’s Board of Governors.
That debate has drawn an extraordinary amicus brief from some of the most influential figures in U.S. economic policy. An amicus brief is a submission from a group not directly involved in a suit that offers information, expertise, or arguments to help a court decide the matter.
SUPREME COURT SET TO HEAR CASE IN TRUMP FIGHT OVER LISA COOK’S FED SEAT Signed by every living former chair of the Federal Reserve , Alan Greenspan, Ben B
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