BREAKING: Trump Axes Federal Reserve Governor Lisa Cook

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So Donald Trump, this is first time this has ever happened, has fired Federal Reserve Board Governor Lisa Cook. Trump had a termination letter posted on Truth Social, citing allegations by F, Federal Housing Finance Agency Director Bill Pulte that she had made false statements on applications for home mortgages. Uh-huh.

This came days after the Department of Justice said it would investigate Cook because of Pulte’s claim. Again, Cook said in a statement, President Trump purported to fire me for cause when no cause exists under the law and has no authority to do so. I will not resign. She is, I think the first black woman to serve as Fed governor, not that that matters at all. quite frankly, I could care less about that. Said I will continue to carry out my duties to help the American economy as I’ve been doing since

2022. Again, they’ve they’ve forced out Fed governors in the past when if we went that long ago was 2022 due to stock trades. And basically, you know, the head of Fed came tap him on his shoulders. Listen, guys, I mean, this doesn’t look good. You’ve got to go to story we covered here on the program.

This is a little different. You know what I was thinking about with this story? Bill Pulte, what are you doing rummaging around and the finances of members of the federal, I mean, you’re the, again, federal housing finance agency director. Kind of reminds me of the movie The Breakfast Club. Remember when Carl the janitor in The Breakfast Club?

catches the principal member, principal Vernon, looking in the files of the various different staff there at the school, trying to dig up dirt. Yeah, it doesn’t sit that well with me. And there’s concern now that, okay, Trump is looking to clean house so he can have all of his appointees there. I don’t know what she’s guilty of. I don’t know if she’s guilty of something, but

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Again, this has been on the unprecedented side. It really is. This is Donald Trump flexing as much. Well, this is also part of the reality television show that has become our modern day politics. Got to have something in the news all the time. Have to have something that the media is going to take the ball.

and run with it and be able to bring people on. is, Donald Trump is the ultimate content provider for the mainstream media. Really is. I mean, he runs this thing, it’s like a reality show for Crying Out Loud. He’s gotta have another story, have to be in the news all the time, gotta be changing things up. And that’s one of the reasons why he does this. This is his way of, I guess, selling himself.

and marketing. Again, that’s way I would do things by any stretch. If she is guilty of something or if she had done something, is it a viable offense? I don’t know. But you kind of want to allow the Fed to remain independent. If you’re not going to do it, well, then you know what, you need to get rid of it. Need to get rid of it all together. Think it’s the greatest look out there? No.

No, but it’s serving its purpose for Donald Trump. He’s creating another controversy, another news story, and that’s what he wants. Watchdogonwallstreet.com.