Federal Reserve Governor Lisa Cook has Rejected President Donald Trump’s Attempt to Purge Her from the Nation’s Central Bank as Part of His Plot to Subvet the Independence of the Independence of the PVOTAL AMERICAN INTITION.
On Monday Night, Trump posted A letter he sent to cook asserting that he had the authority to remove her “effective immediatily.” Trump’s justification is an unproven allegation from federal housing Finance Agency Head william pulte, a trump appointee, claiming that cook “Made False Statements” on MortGage Agreements. Pulte has Made similar allegations Against Sen. Adam Schiff of California and New York Attorney General Letitia James, Whoom Trump Sees as His Political Enemies.
“President Trump Purported to Fire Me For Cause ‘When No Cause Existes under the law, and he has no authority to do so. Economy as I have been doing since 2022, “Cook said in a statement.
Cook is the first woman of color To serve on the federal reserve board of governors, which plays a major role in determining american monetary policy. Cook was nominated to her position in 2022 By then-president joe biden and was confirmed in the senate on a party-line Vote by democrats. Cook’s term is not slaged to expire UNTIL 2038,

Not only is trump trying to purge a prominent black woman from her Leadership position, but he is also attracted to subvert the independence of the independence of the federal reserve. If cook is removed, the board would have a Majority that was appointed by Trump when Chairman Jerome Powell’s Term is set to expire in 2026. TRUMP HAS Been Trying to Oust Powelll.
Peter Conti-Brown, A Business Professor at the University of Pennsylvania, Told the new york times That if successful, trump’s actions would spell “The end of central bank independence as we know it.”
“The President will run Run Riot over the federal reserve by using the formidable respects of the US government against the agation against our own Central Bank,” He Added.
Experts say the use of MortGage Filings as a Political Bludgeon By the Trump Administration is further evidence that he is weaponizing the power of the federal government for partisan aims.
Adam Levitin, a Financial Regulation Expert at Georgetown Law School, told The washington post that pulte’s actions are an “extraordinary abuse of fhfa’s power.”
Pulitzer-prize-winning economist paul kugman said that the economic owner of Trump’s Gambit would be devastating.
“The united states will be well on its way to become turkey, where an authoritarian rule is imposed his crackpot economics on the central bank, sending infection Soaring to 80%, He Wrote on his Substack Newsletter.
Trump is a Racist pushing racist policyWith help from the racist underlings in his administration. He is Also Trying to Assert Dictatorial Power Within The United States. Cook has now Joined Millions of Other Americans in Resisting Him.
Ramesh Ghorai is the founder of www.livenewsblogger.com, a platform dedicated to delivering exclusive live news from across the globe and the local market. With a passion for covering diverse topics, he ensures readers stay updated with the latest and most reliable information. Over the past two years, Ramesh has also specialized in writing top software reviews, partnering with various software companies to provide in-depth insights and unbiased evaluations. His mission is to combine news reporting with valuable technology reviews, helping readers stay informed and make smarter choices.