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

[Sherlock Holmes]

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.

Well where is said evidence? there is none.

As I explained to the other dunces here earlier, anyone can designate their next house as primary even if the house the bought previously was designated primary. One simply cannot tell from the public mortgage information if fraud was committed.

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

We the people, and don't you forget it shitbag.

 

[Moonglow]

The Supreme Court is gonna tell Trump he can't do what he is doing, same thing fer his no flag-burning overreach. I am burning a flag as I type.

 

[Moonglow]

Trump, the convicted felon, should be replaced.

 

[FoghornLeghorn]

Typical, lying, dishonest, Democratic, TRASH.

 

[kyzr]

Trump is pretty incompetent. He’s mismanaging the economy to the point that he’s willing to take extreme measures to get rate cuts at the Fed to stimulate a sluggish market.

A sluggish market??? New records bucko. That was Biden that had inflation at 9%.
The Fed is way above the neutral rate, which according to AI (below) is about 3%.
"There isn't a single, current neutral Fed funds rate; rather, it's a theoretical concept with estimates from sources like Federal Reserve economists and The Brookings Institution, but these estimates change. As of early-to-mid 2025, the effective Fed funds rate was around 4.33% and the Fed's internal median estimate for the neutral rate was around 3%, suggesting that the current rate is likely still restrictive."

As the Fed lowers the interest rate the housing market will become more affordable.

 

[Sherlock Holmes]

A sluggish market??? New records bucko. That was Biden that had inflation at 9%.
The Fed is way above the neutral rate, which according to AI (below) is about 3%.
"There isn't a single, current neutral Fed funds rate; rather, it's a theoretical concept with estimates from sources like Federal Reserve economists and The Brookings Institution, but these estimates change. As of early-to-mid 2025, the effective Fed funds rate was around 4.33% and the Fed's internal median estimate for the neutral rate was around 3%, suggesting that the current rate is likely still restrictive."

As the Fed lowers the interest rate the housing market will become more affordable.

Oooohhhh - listen to you! using all those new big words like "fed" and "cut" you have been reading up haven't you!

 

[forkintheroad7]

He believes Democrats are above the law.

They virtually were above the law

Until Trump 2.0 came along

 

[forkintheroad7]

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.

LOL

they didn't expect it, is what I'm thinking. They thought they'd always gotten away with all their lawless acts, so even Trump being elected couldn't stop them..

They're likely in shock

 

[M14 Shooter]

Typical, lying, dishonest, Democratic, TRASH.

And now, another round of Democrats telling us they believe Democrats are above the law.

 

[Sherlock Holmes]

And now, another round of Democrats telling us they believe Democrats are above the law.

psst where's that proof of mortgage fraud you keep waffling about?

 

[Marener]

A sluggish market??? New records bucko. That was Biden that had inflation at 9%.
The Fed is way above the neutral rate, which according to AI (below) is about 3%.
"There isn't a single, current neutral Fed funds rate; rather, it's a theoretical concept with estimates from sources like Federal Reserve economists and The Brookings Institution, but these estimates change. As of early-to-mid 2025, the effective Fed funds rate was around 4.33% and the Fed's internal median estimate for the neutral rate was around 3%, suggesting that the current rate is likely still restrictive."

As the Fed lowers the interest rate the housing market will become more affordable.

Labor market is sluggish. GDP growth is sluggish. Consumer spending is sluggish.

The economy is not doing great.

 

[Foxfyre]

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.

View attachment 1154689


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'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.

When I access Market Realist website I find links to all sorts of informative sections. Maybe you didn't try very hard?

I was very explicit that Trump is not doing this for ANY reason other than to further the MAGA vision that we voted for. He is not a politician and is neither partisan nor ideologue. We voted for him to drain the swamp, he promised to do his best to do that in his campaign, and he is doing that to the best of his ability as President.

That is not to benefit any political party. It is to benefit the American people.

And I swear, if he found someone as evil and corrupt as Charles Manson in the government and fired that person, those on the left would accuse him of lawfare and authoritarianism and would find all manner of reasons to defend Manson. It's an incredible (and disturbing) thing to watch how devoid of positive American values the left is so much of time.

 

[M14 Shooter]

A sluggish market??? New records bucko. That was Biden that had inflation at 9%

You'll have to excuse them - they're working off last week's talking points.

 

[Foxfyre]

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?

Again I swear if Trump cured cancer, ended world hunger, achieved world peace tomorrow, the Democrats would condemn that and accuse him of all sorts of ridiculous motives, abuse of power, or whatever.

They can't stand that the man they hate with a passion is actually doing what he said he would do, what he was elected to do, and is having great success in most of it and is accomplishing very good things for the American people. Even some mostly on our side are so TDS afflicted they can't get past their hate to see what is actually being achieved or why he is doing things the way he is doing them.

 

[Marener]

When I access Market Realist website I find links to all sorts of informative sections. Maybe you didn't try very hard?

Post a screen cap of the homepage when you access their website. Is it not loaded with stories about game shows? You're gaslighting.

I was very explicit that Trump is not doing this for ANY reason other than to further the MAGA vision that we voted for. He is not a politician and is neither partisan nor ideologue. We voted for him to drain the swamp, he promised to do his best to do that in his campaign, and he is doing that to the best of his ability. That is not to benefit any political party. It is to benefit the American people.

It's to benefit Trump. An independent federal reserve has long been thought to be critical to the long term success of the country. Politicians like Trump are more worried about short term goals than long term stability. Lisa Cook isn't beholdent to the MAGA ideology so she is targeted with lawfare.

You seem to think the ends justifies the means. It doesn't. It never has.

 

[M14 Shooter]

They can't stand that the man they hate with a passion is actually doing what he said he would do, what he was elected to do, and is having great success in most of it and is accomplishing very good things for the American people. Even some mostly on our side are so TDS afflicted they can't get past their hate to see what is actually being achieved or why he is doing things the way he is doing them.

They sound and act like my kids.
When they were 4.

 

[Foxfyre]

Post a screen cap of the homepage when you access their website. Is it not loaded with stories about game shows? You're gaslighting.

It's to benefit Trump. An independent federal reserve has long been thought to be critical to the long term success of the country. Politicians like Trump are more worried about short term goals than long term stability. Lisa Cook isn't beholdent to the MAGA ideology so she is targeted with lawfare.

You seem to think the ends justifies the means. It doesn't. It never has.

Again the status quo is not something really important in Trump's wheelhouse. The status quo doesn't move us out of the swamp and restore integrity and trust in government. The status quo doesn't give the people a government that works for them instead of itself and special interests.

He doesn't operate by rules dictated to him by the statists, Marxists, neocons, globalists, wingnuts, status quo types.

As for MarketRealist, you probably need to establish an account and sign in to fully use the website.

But my link to the previously posted article does show you what you get when you do that. I don't have an account at their website, but the link opens up to show a news page for me.

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

 

[SweetTea]

You have the mindset of a child. You’ll make any excuse to maintain your comfortable fantasy world and avoid ever having to admit you’re wrong.

You have described the vast majority of the Democratic constituency to tee. It is the result of years of indoctrination on full display. Democrats have been taught that admitting that they are wrong is sacrilegious.

Like I have said many times before, the majority of biological 15 year old's align with your party's philosophy. Let that sink in a bit. With age comes wisdom, except with Democrats. Sorry, but the truth hurts.

 

[Marener]

Again the status quo is not something really important in Trump's wheelhouse. The status quo doesn't move us out of the swamp and restore integrity and trust in government. The status quo doesn't give the people a government that works for them instead of itself and special interests.

As for MarketRealist, you probably need to establish an account and sign in to fully use the website.

But my link to the previously posted article does show you what you get when you do that:

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

The idea that Trump is restoring trust and integrity to the government is just absurd to me. That's not what he's after. Even you admit that the allegations of mortgage fraud are just pretext to remove Cook from office because you don't like her political ideology. That doesn't demonstrate trustworthiness or integrity.

Your article is from several years ago, and notably does not include any real substance for the allegations. I'm not sure much of the website is actually written by humans and it seems to be coming from a content farm in India. This is clearly not a serious or credible source. I don't think a website that is nearly exclusively publishing articles on game shows deserves consideration.

 

[Foxfyre]

The idea that Trump is restoring trust and integrity to the government is just absurd to me. That's not what he's after. Even you admit that the allegations of mortgage fraud are just pretext to remove Cook from office because you don't like her political ideology. That doesn't demonstrate trustworthiness or integrity.

Your article is from several years ago, and notably does not include any real substance for the allegations. I'm not sure much of the website is actually written by humans and it seems to be coming from a content farm in India. This is clearly not a serious or credible source. I don't think a website that is nearly exclusively publishing articles on game shows deserves consideration.

Absurd to you because you typically embrace all the anti-American, Marxist-minded propaganda and hate talk put out by the TDS crowd.

If you really loved America, really wanted the best for America, you would see the value in Trump policies and the MAGA vision no matter how much you personally disliked Trump.

And that would include not condemning him firing a person he considers to be a swamp creature.