berg80
Diamond Member
- Oct 28, 2017
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Does President Trump have the authority to remove Ms. Cook?
That's cuz he does a lot of things stretching the bounds of presidential authority and dares anyone to stop him. After getting immunity for breaking the law while prez and having the SC in his back pocket I get how he could be emboldened to assume he has powers prez's have not previously exercised. But no reading of the Constitution to date allows many of the actions he's taken. Until the Roberts court and the radical conservative majority that is.
Lev Menand, a professor at Columbia Law School and former economist at the Federal Reserve Bank of New York, said he thought the allegations so far against Ms. Cook were “not sufficient” to allow Mr. Trump to remove her from the Fed, adding that she has not been charged or convicted of any crime.
“If there were a conviction for mortgage fraud, then we have this question of whether or not the statute would allow that as cause” for her firing, Mr. Menand said, noting that the law generally permits dismissal for wrongdoings related to professional misconduct.
“This would be a complicated proceeding,” he said.