TechFlow, September 2 — According to Jinshi Data, numerous prominent economists have voiced support for Federal Reserve Governor Lisa Cook, following former U.S. President Trump's attempt to remove her over alleged mortgage fraud. Nearly 600 economists signed an open letter backing Cook, stating that the threshold for removing a Fed governor is high and elected officials should avoid actions or statements that undermine the Federal Reserve’s independence. The letter was published on Tuesday and signed by Nobel laureates Claudia Goldin and Paul Romer, Christina Romer—former chair of the Obama administration’s Council of Economic Advisers—and Trevon Logan, a professor at Ohio State University who previously co-authored research with Cook.
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