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Trump's Shock Move: Fed Governor Lisa Cook Axed in Sudden Purge

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2 minutes ago, Slowhand225 said:

 

Thats not how that works

obviously as we have a pedo associate running the govt based on those Epstein files IMHO anyway...just too much smoke during all those years of best friends.  Reports keep leaking by some of the victims...we know Epstein"s girlfriend will say nothing about the orange one while she awaits a pardon for sex trafficking and sexual assault on young girls.  IMHO a sad story and more of an embarrassment for our current government.

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  • Trump's move is straight out of the Nazi playbook. Invade the Federal Reserve on a false pretext, then staff it with obedient supporters, as he did with the Supreme Court. It's a repeat of the Gleiwit

  • No, he doesn't. Besides, he's a convicted criminal, he should be in jail.

  • This is superb news. There'll be more Trump appointees in the Fed setting interest rates plus the dollar will fall.    Win Win.   Trump never sleeps, this is incredible.

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  • Popular Post
5 hours ago, Lacessit said:

Trump's move is straight out of the Nazi playbook. Invade the Federal Reserve on a false pretext, then staff it with obedient supporters, as he did with the Supreme Court. It's a repeat of the Gleiwitz Incident.

 

It's a convincing demonstration of Trump's racism, which will play well with his followers.

 

Apparently the fact Trump committed loan fraud, by inflating the size of his triplex apartment from 10,000 square feet to 30,000 square feet, is water under the bridge.

 

You might want to go back to school,  find out what "racism" actually means. lol

 

Not liking someone is NOT racism.

jesus, can you imagine how rich he'd be if he got paid for living in your head rent free

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36 minutes ago, Slowhand225 said:

 

You might want to go back to school,  find out what "racism" actually means. lol

 

Not liking someone is NOT racism.

jesus, can you imagine how rich he'd be if he got paid for living in your head rent free

Trump would find it most uncomfortable to live in my head. It's furnished with facts, logic and science, all of which he abhors.

 

OTOH, he would have oodles of room for his own furnishings in yours.

 

I understand in real estate terminology, it's called vacant possession.

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1 hour ago, Mike_Hunt said:

Is this illegal? 


Yes — and he’s counting on people like you to pretend otherwise.

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7 hours ago, Slowhand225 said:

Nothing "Shocking" about it.

Indeed not, she is a black woman, racism and misogyny, two of the major influences on the fragrant Donnie!

7 hours ago, Lacessit said:

Trump's move is straight out of the Nazi playbook. Invade the Federal Reserve on a false pretext, then staff it with obedient supporters, as he did with the Supreme Court. It's a repeat of the Gleiwitz Incident.

 

It's a convincing demonstration of Trump's racism, which will play well with his followers.

 

Apparently the fact Trump committed loan fraud, by inflating the size of his triplex apartment from 10,000 square feet to 30,000 square feet, is water under the bridge.

Ah, but that was an accounting error! I mean anyone could confuse 10,000 with 30,000! It happens all the time!

Bring back the Greenback.

7 hours ago, Lacessit said:

Trump's move is straight out of the Nazi playbook. Invade the Federal Reserve on a false pretext, then staff it with obedient supporters, as he did with the Supreme Court. It's a repeat of the Gleiwitz Incident.

 

So basically what you're saying is that Trump had special forces broadcast a Polish radio message at the Fed that was anti-German, whilst dressed in Polish WW2 uniforms? Now, I'm no eye-witness but this strikes me as a little implausible.

16 minutes ago, Cameroni said:

 

So basically what you're saying is that Trump had special forces broadcast a Polish radio message at the Fed that was anti-German, whilst dressed in Polish WW2 uniforms? Now, I'm no eye-witness but this strikes me as a little implausible.

I can't help if you don't have the capacity to understand the parallel attributes.

 

The charge of mortgage fraud as a reason for firing her is a similar false pretext.

2 minutes ago, Lacessit said:

I can't help if you don't have the capacity to understand the parallel attributes.

 

The charge of mortgage fraud as a reason for firing her is a similar false pretext.

 

So a charge of mortgage fraud is the same as dressing special forces in false uniforms, killing a pro-Polish sympathizer and broadcasting radio messages? 

 

Maybe try breaking the pills in half next time.

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There is absolutely no doubt that Ms Cook DID commit mortgage fraud.

 

" Cook had claimed two properties—one in Michigan and one in Georgia—both as her primary residence on loan applications."

 

Which is obviously impossible. Ms Cook is clearly a liar, dishonest and is already being investigated by the Justice Department as we speak.

 

Such a lack of integrity cannot be tolerated at the Fed of all places.

 

https://time.com/7312213/lisa-cook-trump-fire-federal-reserve-governor-mortgage-fraud-powell-interest-rates/

Fed responds to Trump effort to fire Lisa Cook, notes president needs ‘cause’
Published Tue, Aug 26 2025

 

The Fed noted that presidents can only remove the central bank’s governors “for cause.”


The Federal Reserve on Tuesday said it would abide by any court decision on whether President Donald Trump has the legal authority to fire Board of Governors member Lisa Cook.

 

https://www.cnbc.com/2025/08/26/trump-fed-cook-respond-court.html

Did Trump not claim he has cause? I guess we’ll find out. 

 

Hopefully, if she committed fraud, she’ll be convicted and incarcerated.

11 minutes ago, mogandave said:

Did Trump not claim he has cause? I guess we’ll find out. 

Note the statute itself does not contain words 'at my discretion' only 'unless sooner removed for cause by the President'.image.png.3347bc6e70d9bce1118315dcab5aa3a4.png

8 hours ago, Cameroni said:

 

So basically what you're saying is that Trump had special forces broadcast a Polish radio message at the Fed that was anti-German, whilst dressed in Polish WW2 uniforms? Now, I'm no eye-witness but this strikes me as a little implausible.

Kinda like your president and his little green men ehh?anyway I find it ironic that a convicted fraudster in VERY similar circumstances ie exaggerating worth to defraud banks should be harassing this woman,furthermore the one that needs firing is one Donald jhon trump.

16 minutes ago, jerrymahoney said:

Note the statute itself does not contain words 'at my discretion' only 'unless sooner removed for cause by the President'.image.png.3347bc6e70d9bce1118315dcab5aa3a4.png

It says it can remove her for cause. 

 

Trump claims he has cause. 

 

Again, I guess we’ll see.

15 minutes ago, Tug said:

Kinda like your president and his little green men ehh?anyway I find it ironic that a convicted fraudster in VERY similar circumstances ie exaggerating worth to defraud banks should be harassing this woman,furthermore the one that needs firing is one Donald jhon trump.

In Trump’s case it was civil, in this case it’s criminal.

 

In any event, if she committed fraud, should she not be prosecuted? 

8 minutes ago, mogandave said:

It says it can remove her for cause. 

 

Trump claims he has cause. 

 

Again, I guess we’ll see.

Trump claims he has the 'discretion' to decide what is cause only by creative editing of the statute.

15 hours ago, BLMFem said:

he's a convicted criminal, he should be in jail.

Why should he be in jail when, just like thousands of other people with convictions, he was not sentenced to jail?  

11 hours ago, BLMFem said:

Is he a convicted criminal or not? If he is then that means you're wrong.

You seem to think, bizarrely, that all those found guilty have to go to jail!

16 hours ago, Lacessit said:

Apparently the fact Trump committed loan fraud, by inflating the size of his triplex apartment from 10,000 square feet to 30,000 square feet, is water under the bridge.

Using your logic, he was convicted for it (subject to his appeal) so she should be also.

16 hours ago, Lacessit said:

Trump's move is straight out of the Nazi playbook. Invade the Federal Reserve on a false pretext, then staff it with obedient supporters, as he did with the Supreme Court. It's a repeat of the Gleiwitz Incident.

 

It's a convincing demonstration of Trump's racism, which will play well with his followers.

 

Apparently the fact Trump committed loan fraud, by inflating the size of his triplex apartment from 10,000 square feet to 30,000 square feet, is water under the bridge.

Trump was fined >$400M for his loan fraud. 

 

If Lisa Cook committed loan fraud, should she be punished or not? 

26 minutes ago, jerrymahoney said:

Trump claims he has the 'discretion' to decide what is cause only by creative editing of the statute.

How did he “edit” the statute? Did you mean interpret? 

 

In any event, we really have no idea what “cause”, if any, he has.

Fed Governor Cook will sue to keep her job as Trump mulls replacement

 

August 27, 20255:01 AM GMT+7Updated 20 mins ago

 

Though Trump on Monday said Cook's firing was "effective immediately," the Fed's statement indicates that it sees Cook's status as unchanged. The central bank next meets to set interest rates on September 16-17, and based on the Fed's statement it appears it would take a court ruling between now and then for her to be prevented from participating.


Peter Conti-Brown, a scholar of the Fed's history at the University of Pennsylvania's Wharton School, noted that the mortgage transactions preceded her appointment to the Fed and were in the public record when she was vetted and confirmed by the Senate.


"The idea that you can then reach back, turn the clock backward and say, you know, 'All these things that have happened before now constitute fireable offenses from your official position' is to me incongruous with the entire concept of 'for cause' removal," Conti-Brown said.

 

https://www.reuters.com/business/finance/fed-governor-cook-will-sue-keep-her-job-trump-mulls-replacement-2025-08-26/

18 minutes ago, mogandave said:

How did he “edit” the statute? Did you mean interpret?

The words "at my discretion" are not in the statute cited in his letter.

 

the statute 12 U.S. Code § 242 language: 

 

... and thereafter each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President. 

 

Trump letter to Cook version:

image.png.cbc8f34388c7026263409f08207d4d3a.png

24 minutes ago, jerrymahoney said:

The words "at my discretion" are not in the statute cited in his letter.

 

the statute 12 U.S. Code § 242 language: 

 

... and thereafter each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President. 

 

Trump letter to Cook version:

image.png.cbc8f34388c7026263409f08207d4d3a.png

Thanks

25 minutes ago, jerrymahoney said:

Fed Governor Cook will sue to keep her job as Trump mulls replacement

 

August 27, 20255:01 AM GMT+7Updated 20 mins ago

 

Though Trump on Monday said Cook's firing was "effective immediately," the Fed's statement indicates that it sees Cook's status as unchanged. The central bank next meets to set interest rates on September 16-17, and based on the Fed's statement it appears it would take a court ruling between now and then for her to be prevented from participating.


Peter Conti-Brown, a scholar of the Fed's history at the University of Pennsylvania's Wharton School, noted that the mortgage transactions preceded her appointment to the Fed and were in the public record when she was vetted and confirmed by the Senate.


"The idea that you can then reach back, turn the clock backward and say, you know, 'All these things that have happened before now constitute fireable offenses from your official position' is to me incongruous with the entire concept of 'for cause' removal," Conti-Brown said.

 

https://www.reuters.com/business/finance/fed-governor-cook-will-sue-keep-her-job-trump-mulls-replacement-2025-08-26/

While the mortgage transactions predate her appointment and were public record, that she may be guilty of criminal fraud related to them was not. 

 

Seems like a TV lawyer argument. 

 

She’s either guilty or she’s not.

Further the opinion of the TV lawyer above:

 

Conti-Brown said that while the law is unsettled, his interpretation of the Federal Reserve Act giving the president power to fire a central banker for cause likely pertains to their conduct on the job, not actions prior to confirmation and not things that happen in their personal life unrelated to work.

 

If she is a crook, then she got what was comming. 

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