Trump removes Fed Governor Lisa Cook

Anonymous
Anonymous wrote:
Anonymous wrote:Between this and militarizing the country..plus tariffs and AI... yikes!!

I really did not think it could be so bad given that we actually made it through first term. I also didn't think fundamentally our system was so weak any one person like T could impact so heavily at least in such a short amount if time! It's pretty shocking and makes me believe that this country was due for a radical change. The worst is still to come unfortunately - it'll be quite a change until we see stability again.


Epstein files. As awful as this is, and with the awfulnesses expanding exponentially, we still need to ensure that we don’t completely lose our focus on the Epstein files.


As to the rest, it’s not really just “one person”. It’s one person plus the Heritage foundation and a good chunk of the Supreme Court, and most Republican politicians— who have been working very hard for several decades to get Trump and this country where we are now. Trump just got lucky — at a point when millions of people found his deficiencies to be genuinely charismatic. Right now, too, it’s possible that MAGA doesn’t even value stability. The point might be simply to break things.


+1 exactly. It's a national MAGA temper tantrum angry that everything isn't their way. Even with Trump in office, they're still unhappy and want to break the country like a bunch of angry toddlers. They got what they wanted for their birthday, yet they're still screaming at everyone in the room.
Anonymous
Markets are up!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The fundamental question here is whether a criminal referral for mortgage fraud constitutes sufficient "cause" for termination. Generally, "cause" is malfeasance or dereliction of duty, which means serious misconduct or failure to perform their responsibilities properly. Some have argued that criminal activity prior to taking office can also be sufficient cause, particularly if it calls into question the credibility of the person performing such responsibilities.

Everything else is irrelevant, including whether Trump is the first President to fire a Federal Reserve Board member, she is black, she is a woman, whether Trump desires to control the Federal Reserve, whether Trump wants interest rates lowered, etc...


What about the fundamental question of a man with 34 felony convictions becoming the president of this country? Is that allowed? Do you think a man with 34 convictions and a known rapist can perform presidential responsibilities? He is just mad that he was convicted of mortgage fraud repeatedly and wants to get back and is using black women as his scapegoat.


Beyond being untrue, all of those are irrelevant. He is the duly-elected President of the United States. The issue is whether the President has the authority.


Wow so his felony convictions and the fact that he is a rapist are untrue but an unsubstantiated, unproven claim against a black, female Fed governor is cause for the orange clown to fire her?
Anonymous
Anonymous wrote:
Anonymous wrote:He is firing a lot of black people. He's racist.




Most of the people he has fired are women and/or minorities. They government firings/DRP have largely been women/minorities. Almost all of the military firings have been women/minorities. The Republicans hate women and minorities; they want them “in their place.”


She's another Martha Stewart. Easier to make an example of a woman than go after the men who are the hardcore criminals.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Lisa should have been gone a long time ago.


No. She’s a well-respected economist who is well-liked by her peers. Trump fired her because she is a black women who had the audacity to disagree with him about raising interest rates (as do most people who have more than a high school student’s knowledge of the economy.)


He can't stomach the idea of a woman-- especially a woman of color-- having any sort of money that wasn't provided to her by a man. And to be able to talk about money intelligently? Oh god, the idea gives the man a nosebleed. It probably makes him sick to his stomach that she has the audacity to have a PhD in economics.


You’re overthinking it. He wants to replace her with someone who will vote his way. He is taking over every institution in this country.


DP. Both things can be true. She is black woman. He’s fired more women and black women than white men.
Anonymous
Anonymous wrote:Dumpus is Stephen Miller and Russell Vought. Dumpy is not calling the shots -- he's reacting to them. He didn't fire Cook -- Vought told him to fire Cook, and then he fired Cook.
Watch Trump on TV if you don't believe me. Watch his presser on last Friday. He cannot string a coherent thought together. He lies incessantly because he knows nothing and can't remember anything, so he just makes up stuff that he thinks will flatter himself.
Vought and Miller are pulling all the strings, and they are a pair of psychopaths. It gets darker every day.


This. He signs anything they put in front of him. Watch them tell him what it is when they hand it to him. They’ve been doing it this entire time. They’re not even shy about it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Between this and militarizing the country..plus tariffs and AI... yikes!!

I really did not think it could be so bad given that we actually made it through first term. I also didn't think fundamentally our system was so weak any one person like T could impact so heavily at least in such a short amount if time! It's pretty shocking and makes me believe that this country was due for a radical change. The worst is still to come unfortunately - it'll be quite a change until we see stability again.


Epstein files. As awful as this is, and with the awfulnesses expanding exponentially, we still need to ensure that we don’t completely lose our focus on the Epstein files.


As to the rest, it’s not really just “one person”. It’s one person plus the Heritage foundation and a good chunk of the Supreme Court, and most Republican politicians— who have been working very hard for several decades to get Trump and this country where we are now. Trump just got lucky — at a point when millions of people found his deficiencies to be genuinely charismatic. Right now, too, it’s possible that MAGA doesn’t even value stability. The point might be simply to break things.

We are way beyond MAGA caring about the Epstein files. They’ve all gone quiet. Trump could shoot someone on fifth Avenue and he can rape teenagers.


But there’s a chance that he’s done — and been filmed doing — something even worse than his supporters can imagine.
I think there are some Trump voters that need a reason to quit him — that won’t make them feel inadequate for having voted for him in the first place. Epstein files. They could well be one of the critical elements in his eventual destruction.


His supporters don’t matter to him. I think he’d lose support from enough of the Republican Congress and enough of the conservative justices from whatever is in the Epstein files. Those are the only two groups that could end this. Those are the people they are worried about if the evidence was released.

Agree with prior poster. This is all Miller and Vought. Neither of them would ever be elected to anything in their own, but they have seized control.


I mostly of agree with you. Trump’s supporters don’t matter to him — but the votes of the Trump supporters do still matter to the Republicans in Congress, including the MAGA ones. So there are the Republicans in Congress who might shift their support, there are the Republicans who might lose their seats, and there are the SC Justices who would be genuinely disgusted — or who would at least want to appear to be genuinely disgusted. (At least Roberts and Barrett, probably Gorsuch, and maybe Kavanaugh). With those shifts, Trump could be “retired”. Miller could be charged with something, and probably Vance could be as well — along with others: with a Supreme Court and even a Congress eager to redeem themselves in the public eye.
It’s possible. It might even be probable — depending on what’s actually in those files.
Anonymous
Anonymous wrote:
Anonymous wrote:Why is Trump doing everything possible to cause even more inflation?



Because he was installed to destroy us.


It's like people didn't read or take P2025 seriously.
Anonymous
Anonymous wrote:
Anonymous wrote:Dumpus is Stephen Miller and Russell Vought. Dumpy is not calling the shots -- he's reacting to them. He didn't fire Cook -- Vought told him to fire Cook, and then he fired Cook.
Watch Trump on TV if you don't believe me. Watch his presser on last Friday. He cannot string a coherent thought together. He lies incessantly because he knows nothing and can't remember anything, so he just makes up stuff that he thinks will flatter himself.
Vought and Miller are pulling all the strings, and they are a pair of psychopaths. It gets darker every day.


This. He signs anything they put in front of him. Watch them tell him what it is when they hand it to him. They’ve been doing it this entire time. They’re not even shy about it.


Heritage Foundation
Anonymous
Anonymous wrote:# Paul Krugman, Nobel Prize winning economist
Yesterday Donald Trump said that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors. My wording is advisable: He “said” that he had fired her. I’m not a lawyer, but it seems clear that he does not have the right to summarily fire Fed officials, certainly on tissue-thin allegations of mortgage fraud before she even went to the Fed.

Cook has said that she will not resign. So at this point the immediate onus is on Jerome Powell, the Fed chairman. He has the right — I would say the obligation — to say, “Show me the legal basis for this action.” If Trump’s officials can’t provide that basis, he should declare that as far as he is concerned, Cook is still a Fed governor.

If Powell caves, or the Supreme Court acts supine again and validates Trump’s illegal declaration, the implications will be profound and disastrous. The United States will be well on its way to becoming Turkey, where an authoritarian ruler imposed his crackpot economics on the central bank, sending inflation soaring to 80 percent:


Watch US inflation skyrocket. This is all Trump self-inflicted incompetence.
Anonymous
‘The flimsiest of unproven pretexts’: Democrats say Trump’s attempt to fire Fed governor is illegal
https://www.politico.com/news/2025/08/26/lisa-cook-fired-democrats-respond-00524432
Trump ramped up his attacks on the Federal Reserve Board this week, declaring that he was firing one of its governors.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The fundamental question here is whether a criminal referral for mortgage fraud constitutes sufficient "cause" for termination. Generally, "cause" is malfeasance or dereliction of duty, which means serious misconduct or failure to perform their responsibilities properly. Some have argued that criminal activity prior to taking office can also be sufficient cause, particularly if it calls into question the credibility of the person performing such responsibilities.

Everything else is irrelevant, including whether Trump is the first President to fire a Federal Reserve Board member, she is black, she is a woman, whether Trump desires to control the Federal Reserve, whether Trump wants interest rates lowered, etc...


What about the fundamental question of a man with 34 felony convictions becoming the president of this country? Is that allowed? Do you think a man with 34 convictions and a known rapist can perform presidential responsibilities? He is just mad that he was convicted of mortgage fraud repeatedly and wants to get back and is using black women as his scapegoat.


Beyond being untrue, all of those are irrelevant. He is the duly-elected President of the United States. The issue is whether the President has the authority.


Wow so his felony convictions and the fact that he is a rapist are untrue but an unsubstantiated, unproven claim against a black, female Fed governor is cause for the orange clown to fire her?


Irrelevant and also untrue.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The fundamental question here is whether a criminal referral for mortgage fraud constitutes sufficient "cause" for termination. Generally, "cause" is malfeasance or dereliction of duty, which means serious misconduct or failure to perform their responsibilities properly. Some have argued that criminal activity prior to taking office can also be sufficient cause, particularly if it calls into question the credibility of the person performing such responsibilities.

Everything else is irrelevant, including whether Trump is the first President to fire a Federal Reserve Board member, she is black, she is a woman, whether Trump desires to control the Federal Reserve, whether Trump wants interest rates lowered, etc...


What about the fundamental question of a man with 34 felony convictions becoming the president of this country? Is that allowed? Do you think a man with 34 convictions and a known rapist can perform presidential responsibilities? He is just mad that he was convicted of mortgage fraud repeatedly and wants to get back and is using black women as his scapegoat.


Beyond being untrue, all of those are irrelevant. He is the duly-elected President of the United States. The issue is whether the President has the authority.


Wow so his felony convictions and the fact that he is a rapist are untrue but an unsubstantiated, unproven claim against a black, female Fed governor is cause for the orange clown to fire her?


Irrelevant and also untrue.


Hardly irrelevant when Trump's felony convicitions are for the basically the same thing -- lying on real estate loan applications -- though more scheming and involving multiples more money.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is Trump doing everything possible to cause even more inflation?



Because he was installed to destroy us.


It's like people didn't read or take P2025 seriously.


Why would they have read it? I only heard about it on this forum before he was elected and Trump himself claimed he had never heard of it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Lisa should have been gone a long time ago.


No. She’s a well-respected economist who is well-liked by her peers. Trump fired her because she is a black women who had the audacity to disagree with him about raising interest rates (as do most people who have more than a high school student’s knowledge of the economy.)


He can't stomach the idea of a woman-- especially a woman of color-- having any sort of money that wasn't provided to her by a man. And to be able to talk about money intelligently? Oh god, the idea gives the man a nosebleed. It probably makes him sick to his stomach that she has the audacity to have a PhD in economics.


You’re overthinking it. He wants to replace her with someone who will vote his way. He is taking over every institution in this country.


DP. Both things can be true. She is black woman. He’s fired more women and black women than white men.


And which one is more likely to oppose his policies?
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