In a significant legal battle, former Federal Reserve chairs, including Alan Greenspan, Ben Bernanke, and Janet Yellen, have united to urge the Supreme Court to prevent Donald Trump from removing Fed Governor Lisa Cook. They argue that such a move could severely undermine the independence of the Federal Reserve and lead to potential chaos in the financial markets. Cook has also emphasized that the allegations against her are flimsy and warned that her dismissal could trigger economic instability. The Supreme Court is set to weigh the implications of this case, which is seen as a critical moment for monetary policy independence.