Trump calls for Biden-appointed Fed Reserve Governor Lisa Cook to resign

[Valletta]

BREAKING: Trump Calls on Biden-Appointed Federal Reserve Governor Lisa Cook to Resign After FHFA Director Pulte Sends Criminal Referral to DOJ for Mortgage Fraud | The Gateway Pundit | by Cristina Laila

President Trump called on Biden-appointed Federal Reserve Governor Lisa Cook to resign on Wednesday after the head of the U.S.

www.thegatewaypundit.com

Two weeks apart means it's going to be a hard rap to beat.

 

[essentialsaltes]

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’​

Cook, in a statement Monday, said, “President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so.”

Cook, who was appointed by former President Joe Biden, has hired the high-profile attorney Abbe Lowell to represent her. She has not been charged with any crime.

Lowell, in a statement, said, “President Trump has taken to social media to once again ‘fire by tweet’ and once again his reflex to bully is flawed and his demands lack any proper process, basis or legal authority.”

Congress curbed the president’s authority to unilaterally fire a Fed governor in the Federal Reserve Act of 1913, which states that the president can only do so “for cause.”

While the law does not elaborate on what constitutes “cause,” it has historically been understood to mean malfeasance or dereliction of duty.

 

[essentialsaltes]

Lisa Cook will sue over Trump firing from Fed board, her lawyer says​

 

[The Barbarian]

Pulte’s referral to the Justice Department was cited as the basis for Cook’s firing, which she is challenging with a lawsuit filed by her high-profile lawyer Abbe Lowell. The attorney has previously represented Ivanka Trump, Jared Kushner and Hunter Biden, among others. Under law, Fed board members only may be fired “for cause”.

On Tuesday, Lutnick reacted to the news that Cook was challenging her termination, telling CNBC: “The crook always says, 'I'm not going anywhere.'"

That remark followed Lutnick online, where it grew new life on X as the president’s critics, including Gov. Gavin Newsom of California, pointed out that Lutnick was directly quoting Trump himself.

“Donald Trump: ‘I’m not going anywhere,’” the post quoted the president, citing a Wall Street Journal article.

“They have zero self awareness,” noted one user in response. Numerous others wrote: “Irony is dead.”

“She has not been convicted of any crime. She has not even been CHARGED with any crime. You know who HAS been found liable of real estate fraud by a court of law? Donald Trump. Thank you for your attention to this matter,” snarked Seth Magaziner, a Democratic representative from Rhode Island.

‘Zero self awareness’: Newsom trolls Trump deputy’s ‘crooks’ in government crack

Trump’s ‘firing’ of Fed board governor scares Wall Street and sets up another protracted court battle

www.independent.co.uk

 

[Pommer]

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’​

Cook, in a statement Monday, said, “President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so.”

Cook, who was appointed by former President Joe Biden, has hired the high-profile attorney Abbe Lowell to represent her. She has not been charged with any crime.

Lowell, in a statement, said, “President Trump has taken to social media to once again ‘fire by tweet’ and once again his reflex to bully is flawed and his demands lack any proper process, basis or legal authority.”

Congress curbed the president’s authority to unilaterally fire a Fed governor in the Federal Reserve Act of 1913, which states that the president can only do so “for cause.”

While the law does not elaborate on what constitutes “cause,” it has historically been understood to mean malfeasance or dereliction of duty.

“‘Cause I want to!” isn’t (probably) the type of “cause”, intended by Congress.

 

[essentialsaltes]

“‘Cause I want to!” isn’t (probably) the type of “cause”, intended by Congress.

Will this Congress step in to stop it?

 

[Hans Blaster]

Will this Congress step in to stop it?

No.

 

[wing2000]

Will this Congress step in to stop it?

...Cook indicated a lawsuit is in the works. Meanwhile, she continues to work.

Ultimately, the USSC will have to decide....but in the interim, will courts freeze the order to dismiss her?

 

[The Barbarian]

It's not that complex. Here's the argument:

Someone accused Cook of fraud.
Cook has an important position of trust in our government.
Someone in an important position in our government should not even be suspected of fraud.

You might call Trump a hypocrite in all this, but he could argue thusly:

1. Trump was convicted of fraud, not suspected.
2. Trump does not hold as important a position as Cook holds.
3. Being a convicted felon, Trump is not "suspected"; there is no doubt about his crime.

So he's not being a hypocrite. There's a different term for that kind of thinking.

 

[Pommer]

Will this Congress step in to stop it?

The Legislative Branch seems out to lunch; maybe the Courts will decide?

 

[Valletta]

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’​

Cook, in a statement Monday, said, “President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so.”

Cook, who was appointed by former President Joe Biden, has hired the high-profile attorney Abbe Lowell to represent her. She has not been charged with any crime.

Lowell, in a statement, said, “President Trump has taken to social media to once again ‘fire by tweet’ and once again his reflex to bully is flawed and his demands lack any proper process, basis or legal authority.”

Congress curbed the president’s authority to unilaterally fire a Fed governor in the Federal Reserve Act of 1913, which states that the president can only do so “for cause.”

While the law does not elaborate on what constitutes “cause,” it has historically been understood to mean malfeasance or dereliction of duty.

Violations of law could certainly be included under "cause." In this case her job is in setting monetary policy, which includes interest rates. Unless she offers some defense it looks like she twice lied to get herself a better interest rate. Would you want an IRS commission who was caught for not filing his taxes for two years to continue on in his or her job? No more exemptions for crimes by Democrats, this two tiered justice system is going to be stop one way or another.

 

[essentialsaltes]

Violations of law could certainly be included under "cause." ... No more exemptions for crimes by Democrats, this two tiered justice system is going to be stop one way or another.

Crimes, what crimes? She hasn't been charged with anything.

 

[The Barbarian]

Would you want an IRS commission who was caught for not filing his taxes for two years to continue on in his or her job? No more exemptions for crimes by Democrats, this two tiered justice system is going to be stop one way or another.

I wouldn't want a president who was caught in numerous counts of fraud, either. But here we are. The difference is, she hasn't been tried and found guilty.

It seems to me that Donald Trump is attacking from a very exposed position.

 

[Valletta]

Crimes, what crimes? She hasn't been charged with anything.

She has a right to file an appeal in court to try and get back her job. If she does so there certainly will be a hearing where she can offer a defense.

 

[The Barbarian]

She has a right to file an appeal in court to try and get back her job.

Or the Fed could simply reject Trump's demand, and make him file the lawsuit.

 

[essentialsaltes]

She has a right to file an appeal in court to try and get back her job.

She has already sued over Trump's action. As yet, it's not clear whether she has lost her job.
But I see you have pivoted away from any alleged crimes.

 

[DaisyDay]

https://www.reuters.com/world/us/fed-governor-cook-declared-her-atlanta-property-vacation-home-documents-show-2025-09-12/

​

A loan estimate for an Atlanta home purchased by Lisa Cook, the Federal Reserve governor accused of mortgage fraud by the Trump administration, shows that Cook had declared the property as a “vacation home,” according to a document reviewed by Reuters.​

​

The document, dated May 28, 2021, was issued to Cook by her credit union in the weeks before she completed the purchase and shows that she had told the lender that the Atlanta property wouldn’t be her primary residence. The document appears to counter other documentation that Cook’s critics have cited in support of their claims that she committed mortgage fraud by reporting two different homes as her primary residence, two independent real-estate experts said.​

​

...Cook, who remains at the Federal Reserve, has sued the president to resist her dismissal. Reuters was unable to determine whether Pulte or administration officials are aware of Cook’s Atlanta loan estimate. Spokespeople at the FHFA, the agency led by Pulte, didn’t respond to a request for comment.​

​

The documents cited by Pulte (link to X include standardized federal mortgage paperwork which stipulates that each loan obtained by Cook for the Atlanta and Michigan properties is meant for a “primary residence.” But documentation reviewed by Reuters for the Atlanta home, filed with a court in Georgia’s Fulton County, clearly says the stipulation exists “unless Lender otherwise agrees in writing.” The loan estimate, a document prepared by the credit union, states “Property Use: Vacation Home.”​

​

Retaliation tried: retaliation failed.

 

[essentialsaltes]

Retaliation tried: retaliation failed.

The facts failed. We'll see if the retaliation fails.

 

[Valletta]

The facts failed. We'll see if the retaliation fails.

If there were retaliation tens of thousands of people at riots would have been jailed and Democrats running for office would be swamped with lawsuits. I hardly think one document that the Cook people declined to comment about means Cook committed no crimes. These kinds of trial by the media establishment continue.

 

[The Barbarian]

If there were retaliation tens of thousands of people at riots would have been jailed and Democrats running for office would be swamped with lawsuits. I hardly think one document that the Cook people declined to comment about means Cook committed no crimes. These kinds of trial by the media establishment continue.

Trump's story collapsed like a deflated balloon. The documents show that she didn't do what Trump claimed she did. She's just one of dozens of people Trump has retaliated against for things like his underlings caught in felonies, Jan 6, and the like. Some of that relatiation might be felonies as well. We shall see.