Trump removes Federal Reserve Governor Lisa Cook from office, citing fraud allegations

[Marener]

Your whataboutism is completely irrelevant to the facts presented in response to your intentional falsehood.

It's not irrelevant. It's just inconvenient for you.

 

[M14 Shooter]

He can remove her for "cause", but just what that means is unclear and would likely end up with the Supreme Court.

"For cause" is a legitimate, justifiable reason, as opposed to something arbitrary or convenient
For instance, you may terminate an employee 'for cause' if you catch him stealing, regardless if he is ever prosecuted or convicted for it.
In this case, Trump has a legitimate, justifiable reason to terminate her, for cause.

 

[M14 Shooter]

Oh well, say the libs... Who needs morals..? We need those dead baby parts!

He believes Democrats are above the law.

 

[Foxfyre]

Why do you consider Lisa Cook to be a "swamp creature who should not be in the government"?

I believe the only reason she is drawing the ire of the right is because she isn't doing what Trump wants her to do.

Lisa Cook has a track record of highly partisan DEI infused social media posts.

Why Senate Republicans Are Against Lisa Cook’s Fed Role

Lisa Cook’s nomination to the Federal Reserve’s board of governors has divided the Senate, as Republicans take issue with her tweets.

marketrealist.com

That is what put her under scrutiny of GOP Senators--Kamala had to break the tie to confirm her--and is no doubt what put her under scrutiny by the Administration though it was not Trump but Federal Housing Finance Agency director Bill Pulte who brought the mortgage issue to light. It gave Trump the excuse he needed to fire her.

If he was really exercising lawfare, he would have fired Fed Chair Jerome Powell who has consistently refused to cut interest rates as President Trump wants.

We can legitimately debate whether President Trump can fire people appointed to the Fed governor's board or whether it will forever remain an untouchable oligarchy with unlimited power to control our money supply, interest rates, etc. Should there be no Presidential/congressional oversight there? No representation for the people at all?

And we can legitimately debate whether the President can legitimately find any excuse to rid the government of partisan ideologues who push that partisan ideology against the will of the people who voted for a different vision.

I doubt seriously if Lisa Cook will be charged with a crime. I think firing her will be seen as sufficient for the good of America.

But draining the swamp is essential to fully achieve the MAGA vision. I won't fault the President for exercising his constitutional authority to achieve that as that is what the people voted for him to do.

 

[M14 Shooter]

We can legitimately debate whether President Trump can fire people appointed to the Fed governor's board...

Actually we can't. It says he can right in the law.

 

[Foxfyre]

"For cause" is a legitimate, justifiable reason, as opposed to something arbitrary or convenient
For instance, you may terminate an employee 'for cause' if you catch him stealing, regardless if he is ever prosecuted or convicted for it.
In this case, Trump has a legitimate, justifiable reason to terminate her, for cause.

In truth I'm sure she was terminated because she is a highly partisan, DEI infused swamp creature that Trump is doing his best to eject from our government and restore it as a servant of the people. The mortgage fraud thing did give him cause, i.e. a great excuse to do that now.

 

[Sherlock Holmes]

Actually we can't. It says he can right in the law.

View attachment 1154660

What stops a president from saying to himself "I don't like that person, I'm going to fire here and tell everyone she was fired for 'cause' " ?

 

[Moonglow]

Find a new shtick.

Trump is the convict that keeps on giving, whatta guy.

 

[Marener]

Lisa Cook has a track record of highly partisan DEI infused social media posts.

Why Senate Republicans Are Against Lisa Cook’s Fed Role

Lisa Cook’s nomination to the Federal Reserve’s board of governors has divided the Senate, as Republicans take issue with her tweets.

marketrealist.com

That is no doubt what put her under scrutiny by the Administration though it was not Trump but Federal Housing Finance Agency director Bill Pulte who brought the mortgage issue to light. It gave Trump the excuse he needed to fire her.

If he was really exercising lawfare, he would have fired Fed Chair Jerome Powell who has consistently refused to cut interest rates as President Trump wants.

We can legitimately debate whether President Trump can fire people appointed to the Fed governor's board or whether it will forever remain an untouchable oligarchy with unlimited power to control our money supply, interest rates, etc. Should there be no Presidential/congressional oversight there? No representation for the people at all?

And we can legitimately debate whether the President can legitimately find any excuse to rid the government of partisan ideologues who push that partisan ideology against the will of the people who voted for a different vision.

I doubt seriously if Lisa Cook will be charged with a crime. I think firing her will be seen as sufficient for the good of America.

But draining the swamp is essential to fully achieve the MAGA vision. I won't fault the President for exercising his constitutional authority to achieve that as that is what the people voted for him to do.

Notably absent is any actual social media post from the strange website you found.

SCOTUS already indicated that the Federal Reserve Board of Governors is special and unique, and that the president's authority to fire them is limited to doing so "for cause". If that standard doesn't work, Congress is always welcome to change the law as they have the ultimate authority on how the Federal Reserve is structured and runs. Congress specifically limited the president's authority because they don't want presidents making these decisions. You're creating a strawman argument here. Or have you simply forgotten that Congress can actually legislate? I wouldn't blame you. It seems to be something they've forgotten how to do.

Trump already tested the waters with lawfare by floating the idea that Jerome Powell could be removed because of silly disagreement about the cost of a renovation, which is apparently just a bridge too far. There's no lawfare against Powell because apparently they haven't found anything that'll stick.

If Lisa Cook isn't charged with a crime, it seems that it would be much more difficult to support her dismissal "for cause", but then again SCOTUS seems to let Trump do basically whatever he wants. If mere allegations of wrongdoing are all that's necessary, any president can allege any crime against any governor, which would eliminate the very function of the "for cause" stipulation.

 

[John Edgar Slow Horses]

He absolutely is using his authority to do things no President ever had the instincts, intuition and/or courage to do before. That's what makes him so successful as he is achieving more with the time and resources he has than any president in my now very long lifetime.
He isn't a politician, partisan nor ideologue and he extremely annoys those on both sides who are. He thinks outside the box, ignores the status quo, ignores those who say this or that can't be done. If his personality can be somewhat obnoxious at times,. his track record has been pretty awesome.
Has he made mistakes or taken longer than he hoped to get something done? Of course. He's human and fallible as all of us are. But he is successful far far FAR more than he isn't.
Exactly how is it using and abusing his power to achieve good things for America and Americans he is sworn to serve as their President?
Exactly how is it using and abusing his power to fire a swamp creature in his intent to restore a government that serves the people instead of itself as it was constitutionally intended to do?

So you want a fascist dictator. I knew it. Interesting website you are using, like CNBC and Buzzfeed had a savvy baby, is how one AI describes it.

We the American People don't want a dictatorship. And we don't want major business in charge again because We the American People get shafted carrying the load, like we are with the tariffs.

 

[Moonglow]

So Hitler is like a Trump.

 

[M14 Shooter]

In truth I'm sure she was terminated because she is a highly partisan, DEI infused swamp creature that Trump is doing his best to eject from our government and restore it as a servant of the people. The mortgage fraud thing did give him cause, i.e. a great excuse to do that now.

It could be that someone came to him with the evidence she committed a federal felony and the President decided to get rid of her for cause.

This is the Executive Branch. Who is in charge of the Executive Branch?

 

[midcan5]

One if they have a brain must wonder, Trump, a convicted criminal and habitual liar firing anyone for dishonesty is you know the kettle calling... lol He should give her a high position in his criminal presidency, don't you think ??? LOL

Indictments against Donald Trump - Wikipedia

en.wikipedia.org

 

[Foxfyre]

Notably absent is any actual social media post from the strange website you found.

SCOTUS already indicated that the Federal Reserve Board of Governors is special and unique, and that the president's authority to fire them is limited to doing so "for cause". If that standard doesn't work, Congress is always welcome to change the law as they have the ultimate authority on how the Federal Reserve is structured and runs. Congress specifically limited the president's authority because they don't want presidents making these decisions. You're creating a strawman argument here. Or have you simply forgotten that Congress can actually legislate? I wouldn't blame you. It seems to be something they've forgotten how to do.

Trump already tested the waters with lawfare by floating the idea that Jerome Powell could be removed because of silly disagreement about the cost of a renovation, which is apparently just a bridge too far. There's no lawfare against Powell because apparently they haven't found anything that'll stick.

If Lisa Cook isn't charged with a crime, it seems that it would be much more difficult to support her dismissal "for cause", but then again SCOTUS seems to let Trump do basically whatever he wants. If mere allegations of wrongdoing are all that's necessary, any president can allege any crime against any governor, which would eliminate the very function of the "for cause" stipulation.

MarketRealist.com is not at all strange and is considered left leaning by most online media analysts. They probably thought posting the on line posts would have supported the GOP senators' opinion on that.

You are welcome to find any credible source to dispute their article, however. To demand more than that link is rather presumptuous when you provide no evidence to support your opinion pretty much ever.

SCOTUS did acknowledge the President has authority to fire people associated with the Fed 'for cause.' President Trump had the 'cause' he needed to do that.

You can accuse him of whatever you can think up until the cows come home, but the fact is he is doing his best to accomplish what we elected him to do and draining the swamp is a huge part of that. Even when it comes to the Federal Reserve.

 

[M14 Shooter]

One if they have a brain ...

Thank you for demonstrating your belief that Democrats are above the law.

 

[Sherlock Holmes]

This might surprise some here, but years ago, before trump's first term, I first became really aware of him when he accused Obama of not being a true citizen (I rarely followed US politics) this is the old "birther" stuff. I recall thinking, hmm, well that's fair, what if Obama wasn't truly a legitimate born American, nothing wrong with calling that out.

So as the months passed I watched and was curious about how Obama would handle it, would he just show us his birth certificate and be done?

He did eventually but I also noticed that trump was prepared to lie and make accusations in a disingenuous way, he was fond of publicly accusing people to get applause from the weaker sectors of society, uneducated people who distrust authority, anti social people most of them.

As the fiasco unfolded it became clearer that there had never been any basis for trump's birther claims, trump was a liar and said anything he wanted to say in order to delight his growing band of anti-American followers.

The entire birther stuff was bullshit yet trump used it heavily to discredit Obama, I saw then what trump was, it became very clear very quickly that he was nothing but an egotistical trouble maker, a bully and a dangerous person.

The discrediting technique works for trump because his "base" are uncritical, they trust him and have decided he is their savior and so they long ago stopped doubting him, in fact they accept everything he says as gospel, to them he cannot lie, he cannot be accused of wrong doing, he is the way the truth and the life and that's the true threat to America, an uncritical devoted and deluded public.

 

[Marener]

MarketRealist.com is not at all strange and is considered left leaning by most online media analysts. They probably thought posting the on line posts would have supported the GOP senators' opinion on that.

It seems pretty weird to me. I went to the homepage but it's filled with stories about game shows. Thats, pretty weird, right? Not something I'm sure I would take very seriously as it's not really an established credible source.

SCOTUS did acknowledge the President has authority to fire people associated with the Fed 'for cause.' President Trump had the 'cause' he needed to do that.

He has a mere accusation. If a mere accusation can be considered "cause", then anyone can be removed as the "cause" can be fabricated.

You can accuse him of whatever you can think up until the cows come home, but the fact is he is doing his best to accomplish what we elected him to do and draining the swamp is a huge part of that. Even when it comes to the Federal Reserve.

You've basically acknowledged that Trump is doing this for partisan reasons. This is clearly in defiance of the very purpose that Congress created the Federal Reserve Board, to act independently of basic political needs. Attempting to corrupt that isn't a good thing.

 

[M14 Shooter]

You can accuse him of whatever you can think up until the cows come home, but the fact is he is doing his best to accomplish what we elected him to do and draining the swamp is a huge part of that. Even when it comes to the Federal Reserve.

Democrats are just pissed that Trump is using his pen and his phone to destroy their influence in the federal government - but, elections have consequences.
Sucks to sit in the back of the bus, eh boys?

 

[Robert W]

So we know tRump has committed fraud and worse.

Are we gonna remove him from office too?

We don't believe that. She was not able to legally use 2 distant homes as a residence full time.

 

[SurferH2O]

Democrats should have never used illegitimate lawfare against Trump, because they have so many dirtbags in their party that it's easy pickigns for the Trump DOJ on actual criminal activities by Democrats.