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

I find it very ironic that they went after Trump for alleged fraud although no one was defrauded and all of the banks involved were paid back in full with interest.

Now you have Cook, Schiff, and James who all committed bank fraud to obtain better loan rates, who did commit fraud, and now they have all been criminally referred to DOJ.

It is so, so sweet. :D
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Proves that whatever Democrats have accused Trumps and MAGA's of have been committed by Democrats themselves.
Just a matter of time that most of them are exposed...
 
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Proves that whatever Democrats have accused Trumps and MAGA's of have been committed by Democrats themselves.
Just a matter of time that most of them are exposed...

Then all despite party should be punished, yes.
 
Then all despite party should be punished, yes.

Aunty Luiza boldly forecast all of this here many months ago when you scoffed .

But, of course , you maintain your record --- along with Decrappitus , of always being wrong .

How do you do it ?
Are you a Hermaphrodite or is it excess Sugar?
 
It's clear that she hasnt been convicted of anything. I wouldnt Trust Trump's allegations on twitter any more than I would trust his pledge on twitter to lower prices on day one or that the election was rigged.
 
I suspect it's a shot across the bow to the other governors who think their shit don't stink.

Hopefully when Powell is gone we will get someone as reserve chairman that does not talk in economic riddles.
 
So did Trump but that’s okay with you.
You miss the point. Until recently African American women could not be touched for any flaws they have. And lookie lookie, they have many as many people always knew.
 
You miss the point. Until recently African American women could not be touched for any flaws they have. And lookie lookie, they have many as many people always knew.
And now white conservative men can’t be touched.

Just like you always wanted.
 
Fake fraud allegations that he had cooked up just so he could do this.
Prove they are fake. Right now, we have a trend where Democrat politicians are committing mortgage fraud. They egregiously lied on mortgage applications leaving it easy for their political opponents to expose them.

Mortgage fraud hurts Americans.
 
Only reason it was done to Him was a flurry of lawfare designed to get Him convicted on at least one charge, put in jail to take Him out of the running and inelligble for the office, even if He'll win on appeal, and by then it would be too late.
No.
 
15th post
Good! The statute seems to give him this authority.

More importantly, the Federal Reserve is part of which branch? It certainly isn't its own branch, as the Constitution has not been amended.

Here we go! Fasten your seatbelts.

President Donald Trump ousted Federal Reserve Governor Lisa Cook on Monday, alleging she lied on mortgage forms by declaring two primary residences.
In a letter to Cook, Trump said the Federal Reserve Act provides that she can be removed at his discretion.
"As set forth in the Criminal Referral dated August 15, 2025, from Mr. William J. Pulte, Director of the Federal Housing Finance Agency, to Ms. Pamela Bondi, Attorney General of the United States…there is sufficient reason to believe you may have made false statements on one or more mortgage agreements," Trump wrote. "For example, as detailed in the Criminal Referral, you signed one document attesting that a property in Michigan would be your primary residence for the next year.
"Two weeks later, you signed another document for a property in Georgia stating that it would be your primary residence for the next year," Trump continued. "It is inconceivable that you were not aware of your first commitment when making the second. It is impossible that you intended to honor both."
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Pot meet kettle. A convicted felon throwing shade on a fellow criminal, how laughable.
 
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