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The question is will Trump actually succeed in removing Cook from the Fed Board? To put it in some perspective, here are two a short articles from today's The NY Times:
"In May, President Trump got the Republican-appointed majority on the Supreme Court to let him arbitrarily remove Democratic-appointed members of other independent agencies — the National Labor Relations Board and the Merit Systems Protection Board — before their terms are up.
In that decision, the court majority pointedly said the Federal Reserve was different, noting that lawyers for the fired board members “contend that arguments in this case necessarily implicate the constitutionality of for-cause removal protections for members of the Federal Reserve’s Board of Governors.” The court stated flatly, “We disagree,” adding that the Fed was “a uniquely structured, quasi-private entity.”
By firing Lisa Cook, but purporting to do so for cause, Trump is pushing further, and likely setting up a test of whether this Supreme Court will say a president can’t be second-guessed if he says he sees a cause.
What recourse does Ms. Cook have?
She could sue to keep her job, and a judge would then determine whether there is enough evidence to meet the “for cause” requirement. The judge would also decide what would happen in the near term, while the issue was being litigated.
Were a judge to let Ms. Cook stay in her post while the case proceeds, the administration would almost certainly ask the Supreme Court to intervene."
Future market for tomorrow: gold is up and the Dollar is down, and it is relating to the firing of Governor Lisa Cook and the attack of the FED’s independent.
Gosh that sounds familiar. Wasn't it Cook who lost a fraud case for falsifying property records including claiming a 33,000 square foot apartment in order to gain more favorable loan terms and lower interest rates? Maybe not.
We keep watching our Democracy die a little more each day while we listen to the denials from MAGAland. Fed independence is just the next domino. Whether or not he succeeds in ousting Cook will be a circus show all it's own.
Occupying blue cities with armies is a much larger domino, as is stealing future elections.
Gold and crypto up (hmmm, who holds crypto?), dollar down, Democracy down. If somebody doesn't stand up to this maniac, it stays down.
Gosh that sounds familiar. Wasn't it Cook who lost a fraud case for falsifying property records including claiming a 33,000 square foot apartment in order to gain more favorable loan terms and lower interest rates? Maybe not.
Comments
"In May, President Trump got the Republican-appointed majority on the Supreme Court to let him arbitrarily remove Democratic-appointed members of other independent agencies — the National Labor Relations Board and the Merit Systems Protection Board — before their terms are up.
In that decision, the court majority pointedly said the Federal Reserve was different, noting that lawyers for the fired board members “contend that arguments in this case necessarily implicate the constitutionality of for-cause removal protections for members of the Federal Reserve’s Board of Governors.” The court stated flatly, “We disagree,” adding that the Fed was “a uniquely structured, quasi-private entity.”
By firing Lisa Cook, but purporting to do so for cause, Trump is pushing further, and likely setting up a test of whether this Supreme Court will say a president can’t be second-guessed if he says he sees a cause.
What recourse does Ms. Cook have?
She could sue to keep her job, and a judge would then determine whether there is enough evidence to meet the “for cause” requirement. The judge would also decide what would happen in the near term, while the issue was being litigated.
Were a judge to let Ms. Cook stay in her post while the case proceeds, the administration would almost certainly ask the Supreme Court to intervene."
Future market for tomorrow: gold is up and the Dollar is down, and it is relating to the firing of Governor Lisa Cook and the attack of the FED’s independent.
https://www.nytimes.com/2025/08/22/us/politics/trump-lisa-cook-fed-mortgage-fraud.html
Gosh that sounds familiar. Wasn't it Cook who lost a fraud case for falsifying property records including claiming a 33,000 square foot apartment in order to gain more favorable loan terms and lower interest rates? Maybe not.
Occupying blue cities with armies is a much larger domino, as is stealing future elections.
Gold and crypto up (hmmm, who holds crypto?), dollar down, Democracy down. If somebody doesn't stand up to this maniac, it stays down.
Paxton is a genuine leader.
https://www.google.com/search?q=republican+mortgage+fraud+examples+&sca_esv=6d88a22af351a497&rlz=1C1ONGR_enUS1124US1124&sxsrf=AE3TifP9uLZ0rL1LYs_oRi6U3dl2UomnUQ:1756178316901&ei=jCetaK3hNuPW5NoPq8yo8Qk&ved=0ahUKEwit1_aFwqePAxVjK1kFHSsmKp4Q4dUDCBA&uact=5&oq=republican+mortgage+fraud+examples+&gs_lp=Egxnd3Mtd2l6LXNlcnAiI3JlcHVibGljYW4gbW9ydGdhZ2UgZnJhdWQgZXhhbXBsZXMgMgUQIRigATIFECEYoAEyBRAhGKABMgUQIRigATIFECEYoAFIzRJQxgdYnRFwAXgAkAEAmAFhoAGwBqoBAjEwuAEDyAEA-AEBmAIJoALiBcICBRAhGKsCmAMAiAYBkgcBOaAH6SSyBwE5uAfiBcIHAzMuNsgHDA&sclient=gws-wiz-serp