‘Open Letters’ from Experts Are Often Fact-Free Propaganda

The Trump administration made its case in court last week that the president has the right to fire sitting Federal Reserve board member Lisa Cook because of ethical misconduct on her mortgage contracts.

It shouldn’t be controversial to argue that someone who has committed mortgage fraud should be disqualified from serving on a board that has oversight over mortgage policy. But more than 500 academics have rushed to Cook’s defense by signing a letter stating that she should stay on the job.