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

[essentialsaltes]

These kinds of trial by the media establishment continue.

Well, since she hasn't been charged with a crime, that's the only trial she's likely to get on the housing issue.

 

[Valletta]

Well, since she hasn't been charged with a crime, that's the only trial she's likely to get on the housing issue.

As I recall there were multiple documents, we will see what the investigation finds. They are not going to change a misdemeanor charge to a felony or make up valuations, if they feel they have enough evidence to charge her they will, if not they won't.

 

[essentialsaltes]

As I recall there were multiple documents, we will see what the investigation finds. They are not going to change a misdemeanor charge to a felony or make up valuations, if they feel they have enough evidence to charge her they will, if not they won't.

In the meantime, is it justified for her to be fired?

 

[essentialsaltes]

Fed governor Cook asks appeals court to reject White House bid to remove her​

On Tuesday, U.S. District Court Judge Jia Cobb ruled the administration had not satisfied a legal requirement that Fed governors can only be fired “for cause,” which she said was limited to misconduct while in office.

 

[essentialsaltes]

In a 2-1 ruling, a federal appeals court in Washington on Monday said Governor Lisa Cook could remain in her job while litigation over President Donald Trump's effort to fire her proceeds, a decision that absent a last-minute intervention by the Supreme Court means she will participate fully at the Fed's policy meeting this week.

Alongside Cook, the Fed will likely have a new voice around the policy table after the U.S. Senate on Monday confirmed Stephen Miran, currently on leave as the head of the White House's Council of Economic Advisers [sure to be an independent voice.... not], to an open seat on the central bank's seven-member Board of Governors. Following his 48-47 confirmation Miran is expected to be sworn in for the meeting.

 

[essentialsaltes]

In a 2-1 ruling, a federal appeals court in Washington on Monday said Governor Lisa Cook could remain in her job while litigation over President Donald Trump's effort to fire her proceeds, a decision that absent a last-minute intervention by the Supreme Court means she will participate fully at the Fed's policy meeting this week.

I think she's already participated in the policy meeting, but Trump's asked SCOTUS to step in.

Trump asks SCOTUS to let him remove Lisa Cook from Fed Reserve​

The government insists Cook isn't entitled to due process as an appointee.

 

[essentialsaltes]

I think she's already participated in the policy meeting, but Trump's asked SCOTUS to step in.

Trump asks SCOTUS to let him remove Lisa Cook from Fed Reserve​

The government insists Cook isn't entitled to due process as an appointee.

SCOTUS allows Lisa Cook to stay on Fed into 2026, accepts case for January argument​