Posted on 08/25/2025 5:48:21 PM PDT by Macho MAGA Man
Menu ADVERTISEMENT Medicare Now Covers This Life-Changing COPD Breakthrough Medicare Now Covers This Life-Changing COPD Breakthrough Carda Health BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations by Cristina Laila Aug. 25, 2025 7:20 pm41 Comments TruthTweetShareGettrGab Promises made, promises kept.
President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage fraud allegations.
“Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,” President Trump wrote in a letter to Lisa Cook.
“I have determined that there is sufficient cause to remove you from your position,” Trump added as he cited housing regulator Bill Pulte’s criminal referral on Lisa Cook for mortgage fraud – specifically occupancy fraud.
(Excerpt) Read more at thegatewaypundit.com ...
Whatever. You’ve got a documented history of called for racial segregation and for reducing rights of black Americans.
Your use of the word “colored” when referring to black Americans speaks for itself. It was not meant as a term of endearment. That you got busted for it I expect is what sticks in your craw.
Nothing is stuck in my craw! Are you a White person?
LOL! Why do you keep asking MY race?
To see if you’re a colored person. Are you?
LOL!
Umm you should never assume as you make an ass mostly out of you (and me). FYI I have a mixed son and a granddaughter who is a quarter black. I was once married to an American black southerner. So your virtue signaling is wrong once again.
What precisely am I assuming?
Try firing a union-protected government employee with your mind. Absent due process, it gets reversed with back pay and interest.
We're talking about losing one's job; people get fired from jobs all the time and never go to trial to prove "cause" before accepting they were fired. What makes this situation different?
She is a Federal Reserve Governor covered by statutory protection. Government employees enjoy a property interest in the job.
Cause is not defined in the statute, leaving it to the courts to define.
At issue is whether the President may remove a sitting member of the Board of Governors of the Federal Reserve System without affording the procedural protections guaranteed by the Fifth Amendment and the statutory limitations of the Federal Reserve Act.
The Fifth Amendment to the Constitution provides that “[n]o person shall be deprived of life, liberty, or property, without due process of law.” The Supreme Court has held that public officials with a statutory entitlement to their position possess a property interest protected by the Due Process Clause. (Cleveland Bd. of Educ. v. Loudermill, 470 U.S. 532 (1985)).
Governor Cook’s 14-year term, coupled with the “for cause” removal provision, creates a legitimate claim of entitlement to continued employment. This triggers the protections of procedural due process.
The statutory protections afforded to Governors of the Federal Reserve must be at least as strong as those provided to lower-level federal employees. It would defy logic and legislative intent to treat a confirmed Governor as having fewer procedural safeguards than a union-protected GS-4 clerk.
Due process cannot consist merely of a no-notice communication—whether by letter or tweet—without an opportunity to respond. A more appropriate mechanism for addressing alleged misconduct would be placement on paid administrative leave pending a full and fair investigation.
To permit summary termination without process would render Governors effectively at-will employees, a result plainly inconsistent with the statutory design and the importance of institutional independence.
The absence of precedent for summary removal underscores the expectation of procedural safeguards.
The courts? or does the President get deference to the Executive branch to decide?
I know that the overturning of Chevron deference applied to agency rulemaking by bureaucrats, the the President is not a bureaucrat, he IS the Executive branch and everyone else has powers delegated by him. As such, his interpretation should carry weight until such time as the court thinks it's not the right interpretation.
To go there, they would look at where else in the US Code "for cause" terminations were found, and there are common definitions for that, as you pointed out. Here are two recent cases where the Supreme Court ruled both cases in President Trump's favor:
I know that people say it's unprecedented to fire a governor of the FED and it hasn't been done in its 112 year history, but in that time has it ever been discovered that a Fed Governor had two mortgages declaring each property to be their primary residence in order to get favorable interest rates (prima facie evidence of mortgage fraud)?
-PJ
Of course there is wrongful process in our system. This is why we’re draining the swamp.
Wait till you see what the drained swamp looks like. Your world will never be the same.
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