The Establishment Fights Back: Ex-Fed, Treasury Officials Urge Supreme Court to Block Trump From Ous

[mystery-ak]

The Establishment Fights Back: Ex-Fed, Treasury Officials Urge Supreme Court to Block Trump From Ousting Fed’s Cook

John Carney 25 Sep 2025

A bipartisan roster of former Treasury secretaries, Federal Reserve chairs and other senior economic policymakers asked the Supreme Court to stop President Donald Trump from removing Fed Governor Lisa Cook, warning that the central bank’s independence and the economy’s stability are at risk.

In a friend-of-the-court brief filed Thursday, the former officials said allowing Cook’s dismissal while she contests her firing in court would weaken safeguards Congress put in place 90 years ago to shield the Fed from political pressure. “Doing so 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,” they wrote.

The signatories include every living former Fed chair — Alan Greenspan, Ben Bernanke and Janet Yellen — along with six former Treasury secretaries from both parties, including Henry Paulson, Robert Rubin, Lawrence Summers, Timothy Geithner and Jacob Lew. Former CEA chairs, former Senate Banking Committee Chairman Phil Gramm, and prominent academics such as Jason, Furman, John Cochrane, and Kenneth Rogoff also joined the brief. The filing was prepared by lawyers at Covington & Burling, a firm that has itself been a target of Trump’s criticism.

The Justice Department has asked the justices to let Trump proceed with Cook’s removal, overruling a lower-court decision that found she was likely to prevail on her claim. Chief Justice John Roberts gave Cook until 4 p.m. Thursday to respond, and the justices could issue an order on her status at any time.

Cook, appointed in 2022 by President Joe Biden, faces allegations of mortgage fraud that the White House cited as grounds for dismissal. She has continued serving in her post since late August, including when the Fed voted last week to cut interest rates for the first time since December.

The former officials cited research showing that central banks free of short-term political influence deliver lower inflation and long-term rates. “The Fed’s ability to fight inflation is directly related not only to its actual insulation from short-term political pressures but also to the public’s perception of its independence,” they argued without providing evidence to back the claim. “Because if the public and financial markets believe that the Federal Reserve is sufficiently insulated, they will act in accordance with that expectation, resulting in lower and more stable inflation, which is consistent with lower long-term interest rates.”

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https://www.breitbart.com/economy/2025/09/25/the-establishment-fights-back-ex-fed-treasury-officials-urge-supreme-court-to-block-trump-from-ousting-feds-cook/

[Free Vulcan]

Pfft, no standing.

[IsailedawayfromFR]

Has nothing to do with them, it is all about a Governor who proved morally corrupt to manage our monetary supply.

[Kamaji]

Pfft, no standing.

They don’t need standing to file an amicus brief, which is what they did.

[Free Vulcan]

They don’t need standing to file an amicus brief, which is what they did.

And it's not worth the paper it's written on. The aren't material to the facts at hand, it's just a 'do you know who I am?' distraction.

[Kamaji]

And it's not worth the paper it's written on. The aren't material to the facts at hand, it's just a 'do you know who I am?' distraction.

We shall see.

[Bigun]

And it's not worth the paper it's written on. The aren't material to the facts at hand, it's just a 'do you know who I am?' distraction.

Just more Brotherhood of the Bar full employment material.

[DefiantMassRINO]

Institutions are not above being held accountable by the people they serve.

[Free Vulcan]

Just more Brotherhood of the Bar full employment material.

If I were the judge I would take it as an attempt to intimidate and sway the outcome.

[Bigun]

If I were the judge I would take it as an attempt to intimidate and sway the outcome.

I wish you were the judge because that is EXACTLY how it should be taken.

[240B]

If they could do it, the Democrats would simply delete the Office of the President from existence like they did by installing Joe Biden. Democrats do not want an executive branch of government as long as Trump is in office. They are trying to make President Trump into a regular government employee who must seek 'approval' from 'his betters' in higher court Judges for everything he does.

The Democrats would have President Trump sending every executive order, every personnel decision he makes, to some District Judge somewhere for 'approval' before he is able to act. The Democrats are trying to make 'Judges' some kind of higher Presidency than the office of POTUS.

[verga]

The Establishment Fights Back: Ex-Fed, Treasury Officials Urge Supreme Court to Block Trump From Ousting Fed’s Cook
Cook, appointed in 2022 by President Joe Biden, faces allegations of mortgage fraud that the White House cited as grounds for dismissal. She has continued serving in her post since late August, including when the Fed voted last week to cut interest rates for the first time since December.

If you are appointed by the President, you serve at the pleasure of the President.

[Kamaji]

If you are appointed by the President, you serve at the pleasure of the President.

That remains to be seen, which is what the court case is about.

[Cyber Liberty]

I have no idea how this one will turn out.  Courts in general have become crap shoots where nobody can predict the outcome.  Law doesn't seem to follow plain language anymore...hasn't in quite a while.  It seems Judges can make things up as they're going along!  We've seen them use arguments that weren't even brought up in court to justify a decision they like.  I've been assured this is legal and normal and I'm stupid for bringing it up.

And people wonder why so many of us hold courts in such low regard.