Posted on 08/31/2025 11:55:22 AM PDT by Rummyfan
Lisa Cook is, or was, a member of the Board of Governors of the Federal Reserve. President Trump wrote Cook a letter, firing her for cause, i.e., mortgage fraud. He announced the firing on Truth Social:
Rather than going quietly, Cook responded by suing Trump and others, alleging that grounds for her firing do not exist and asking for declaratory and injunctive relief to that effect. It alleges that Trump’s grounds for firing Cook are pretextual, and the firing is an attack on the Fed’s vaunted independence.
The Cook cases raises several issues. The Federal Reserve Act says that the president can fire a member of the Board of Governors for cause. There doesn’t seem to be any question about the fact that Cook committed mortgage fraud, although there has been no adjudication of the issue. She applied, almost simultaneously, for mortgages on properties in different states, alleging in each case that the property was her primary residence. Apparently this type of fraud is common among Democrats, as every Democrat I have seen quoted on the case says it is no big deal.
(Excerpt) Read more at powerlineblog.com ...
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From what I read, the fraudster also didn’t pay taxes on the rental loot. Smells like tax fraud as well. Change the locks.
What a pickle. Apparently now, it's kind of a big dill.
I want her DEI smelling ass thrown out and made an example of. Bring all the charges they possibly can against this moron. Cost her a fortune in attorney fees while we’re at it.
DO IT!!
Cook says she’s guilty - but has nothing to do with her being a governor
of the fed.
Most would be embarrassed and quit - recognizing the loss of face the fed
is experiencing on this.
But like most of her entitled, disgusting ilk - she has no concept of that.
I’m sure that Lisa Cook loved every bit of the lawfare they threw at Trump. She was probably jumping for joy every time they hit him with new bogus charges.
Fry her stupid, Biden loving democrat ass!
That argument makes no sense. What if the charge had been child molestation 15 years ago, hypothetically? The President has to have the ability to file people at the Fed who cause the Fed’s credibility to suffer.
Cook is a crook, and Trump isPresident. Period
I agree.
But my further point is that governors of the federal reserve board - when
hired - should be the sort of persons that are culturally accretive to the
organization and not those who are unable to feel shame
“You’re fired” is the most famous thing for which Trump is known. More than any other single reason or motivation voters voted for Trump to say the phrase “You’re fired”.
It’s the phrase that made Trump famous. It’s the phrase that defines Trump.
In the first 4 years of Trump the media accused Trump of turnover of staff. But for the voters, “You’re fired” is exactly what they expected.
The mortgage fraud might be the technical basis for firing Cook, but what is the “policy” reason? I can guess that she is a Democrat, lefty, etc., but how did this manifest in decisions, etc.? Was she a proponent of keeping interest rates high? Something else?
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