On 20th January 2026, the Yale Comparative Administrative Law Listserv, the University of Arizona James E. Rogers College of Law, and the Review of European
Administrative Law Blog (REALaw) organised a online webinar on: Central Bank Independence in Global Perspective: What is so special about Central Banks.
The immediate trigger for the webinar was the fact that the U.S. Supreme Court is currently considering a major case, 𝐓𝐫𝐮𝐦𝐩 𝐜. 𝐂𝐨𝐨𝐤. As a reminder, the US President decided at the end of August to remove 𝐋𝐢𝐬𝐚 𝐂𝐨𝐨𝐤 from the board of governors of the 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐑𝐞𝐬𝐞𝐫𝐯𝐞 – Cook was appointed by President Biden. Trump’s reason: Cook’s alleged lies about not declaring loans for two properties. These ‘lies’ would constitute sufficient ‘cause’ to allow the President to exercise his power to remove a member of the Board, in accordance with the Federal Reserve Act, §251.
The stakes are high, as the Court’s response will determine the independence of the monetary authority from political power. The scope of this case extends beyond the United States to the entire monetary world, given the Fed’s central role among the major central banks. Main documents filed by the various parties are available here: https://lnkd.in/eiipHQHW
This seminar brought together experts to discuss the independence of central banks:
🇨🇱 Luis Eugenio García-Huidobro
🇺🇸 Shireen Morris
🇪🇺 Michael Ioannidis
🇬🇧 Michael Salib
🇺🇸 David Zaring
🇫🇷 Frederic Allemand
Oren Tamir of the (University of Arizona, James E. Rogers College of Law) and Yseult Marique (Essex Law School / Law and Criminology (UCLouvain) moderated the online seminar on central bank independence on 20 January 2026.
The recordings of the online discussions are available here:
Part I – USA – EU – UK
Part II – Latin America – Australia and France
