Sen. Warren on Trump's attempt to fire Fed Governor Lisa Cook:

"The illegal attempt to fire Lisa Cook is the latest example of a desperate President searching for a scapegoat ... It's an authoritarian power grab that blatantly violates the Federal Reserve Act, and must be overturned in court."

Replies

  1. Please look into when Trumps loans are due & what their interest rate will be and why he’s willing to increase inflation for a lower interest rate

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  2. Illegal, yes. But doesn't say enough. Add racist, sexist and cause completely fabricated. Then fascist takeover. Call this asshole out for what he is

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  3. she's right but at least 5 MAGA Justices will use Calvinball jurisprudence to contort themselves into allowing Trump to get away with this.

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  4. It doesn't have to be overturned in court - it's meaningless. He can't do it. She comes to work tomorrow just like yesterday. Unless she complies in advance, which I think she's smart enough not to do.

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  5. African American woman and first woman of color to sit on the Federal Reserve Board of Governors. Of course, Trump fired her.

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  6. Comment by Howard Lutnik (a walking garbage can): “if this woman committed mortgage fraud, she should be respectful to the United States of America, to the Federal Reserve, where she says she cared about them, and she should go off into the sunset and hope to God the police don’t follow her, right?”

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  7. Aa much as we loathe Trump, this is where the human reminds people not to under question connected political people. The human investigated mortgage fraud in the early 2000s and multiple primary residences was a common MO, often suggested by mortgage brokers and loan officers.

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  8. Where are the DEMS to impeach him on all these 'authoritarian power grabs'? The person to do this will probably be our next President.

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  9. Under the Federal Reserve Act of 1913, Fed governors are protected from arbitrary dismissal and may only be removed “for cause”, such as misconduct, not for political reasons or policy disagreements! Another impeachable offense!

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  10. I don’t have high hopes if this goes all the way to the supreme court. The Roberts’ court. The red supreme court. A majority with six right-wing justices at the service of Donald Trump.

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  11. Now in German news: A big turmoil is awaited at the finance market in Germany. This is already happening in Asia. His decision is bringing the inflation to a new high! The political pressure on the Fed is unacceptable!

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  12. A felon convicted on 34 counts of falsifying records firing someone for allegedly falsifying records is the definition of irony.

    @cnn @cnbc @bloomberg @nytimes you should be repeating over and over again that Trump IS a convicted felon. Why is nobody talking about this anymore?

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  13. Just saw a photo of Ms. Cook. Of course she is a women of color. Two of fathead's favorite things to demean, assault and toss away. I am not even surprised anymore.

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  14. It’s time for Jerome Powell, Phillip Jefferson, Michelle Bowman, Michael Barr, Christopher Waller to SPEAK OUT! They have a responsibility. They are the OTHER BOARD MEMBERS.

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  15. LET'S CALL A SPADE A SPADE SHALL WE? TRUMP FIRED LISA COOK BECAUSE SHE'S BLACK. DISGUSTING, ABHORRENT, ILLEGAL.

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