Fed Governor Lisa Cook sues Trump to block her firing | Metals Mine

  • Fed Governor Lisa Cook sues Trump to block her firing

    From cnbc.com

    Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal court in Washington, D.C., also names Fed Chairman Jerome Powell and the board of governors itself as defendants. “This case challenges President Trump’s unprecedented and illegal attempt to remove Governor Cook from her position which, if allowed to occur, would the first of its kind in the Board’s history,” Cook’s attorney, Abbe Lowell, wrote in the lawsuit. Cook’s suit sets in motion a legal battle that is likely to end up at the Supreme ... (full story)

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umbrella man
Aug 28, 2025 2:23pm
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Quoting Trader#1425
{quote} Hasn’t everyone agreed that a president can fire a Fed member for “cause”? So it’s just a question if this particular mortgage error, intentional or otherwise, rises to the legal view of cause. I would say the average person would agree that it does. A regulator with a lot of power can’t be someone who breaks the the rules they oversee. All the comparisons with the president are meaningless, she is not an elected person, that makes it completely different.
Nah, even if it’s proven that she claimed two houses as primary, it’s not a cause to be fired from her position. The cause has to be related to her misconduct and fraud during her job. Those mortgages were before she started her job as a Fed governor. Trump admin knows he doesn’t have authority. Why you think they requested she resigns by herself for awhile? Use your brains deadbeats.
Reply
NotAtrader
Aug 28, 2025 1:27pm
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Trump is the last president of the United States Of America and the first president of United American Socialist Republic (UASR). Americans can kiss the democracy Goodbye. They elected the dictator and will pay for this with their freedom.
Reply
Vancarbon
Aug 28, 2025 1:34pm
Permalink
Quite ironic for someone who’s slept with a porn actress ( and paid for her silence ) , has 34 counts of felonies pending , was in cahoots with a known paedophile on the celebrity circuit and has a impressive record of bankruptcy and track record of abusing the law .

But hey !

He’s somehow managed to become president . That says a lot .
Reply
Vancarbon
Aug 28, 2025 2:50pm
Permalink
Quoting Trader#9FC2
{quote} I’ll bet you that she does in fact lose her job over this. Since you are 100% convinced you are right, I suppose you will have to delete your account when it turns out you have no idea what you are talking about.
Yet , you have no qualms about the Presidents previous minor misdemeanors .

It’s amazing how many sycophants are indoctrinated into the Trump mantra . I’m not sure if that scares me or the culture of the US ( as I knew it many decades ago ) has been eroded to such an extent that dignity and morality is now non existent.
Reply
Schultz
Aug 29, 2025 12:34am
Permalink
Quoting Trader#1425
{quote} Hasn’t everyone agreed that a president can fire a Fed member for “cause”?.
It doesn't matter what everyone agrees upon. Zero. Zilch.
Reply
Vancarbon
Aug 28, 2025 1:55pm — Edited
Permalink
Quoting Trader#4516
{quote} Shouldn’t you be off throwing little girls in jail for defending themselves against the pedophiles you pay to come into your country? It’s ironic that you would be arrested for your vile hate filled comments in your home country, you know the one with zero free speech. But I guess you got tired of telling everyone to short stocks during a 30% up move.
Evening 35T .

You really are quite a bitter individual aren’t you .

Don’t let that hatred become entrenched, it has consequences later in life …. and Karma is a bitch .

Show some integrity and log on you little weed .


On a factual level , those vile hateful comments are all the truth ! Unless you dispute what I said about your President .
Reply
Schultz
Aug 28, 2025 11:12am
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It is a little bit ambiguous - “This case challenges President Trump’s unprecedented and illegal attempt to remove Governor Cook from her position".

My guess is, from the words illegal attempt, that she is not defending anything.

She is on the front foot asserting that it acted ultra vires - beyond its powers.

That's what I'd do.

But it might not be that, may be other grounds. Just an educated guess.
Reply
NotAtrader
Aug 28, 2025 11:27pm
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Quoting Trader#771A
{quote}complete bull shit
No no! What Trump is doing is complete bullshit. I am just commenting his actions.
Reply
Ahmedskaf
Aug 28, 2025 8:55am
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In my opinion, if Lisa Cook wins the case, it demonstrates the independence of the Federal Reserve, and that is good for the dollar.
Reply
Blessed-man
Aug 28, 2025 9:28am
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Could this be a colour problem?

She is said to be the 1st black woman appointed as Fed governor
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Trader#5DDF
Aug 28, 2025 9:04am
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Quoting Trader#1A91
Idiot ruined my position
Maybe learn how to trade properly
Reply
SoftPorridge
Aug 28, 2025 9:06am
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I wonder who is getting fired next ? Looks like Trump wants to fire all of them.
Reply
Mohitkhand
Aug 28, 2025 8:34am
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Impact on gold ??
Reply
doodooltalai
Aug 28, 2025 8:55am
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you can't sue someone who has access to all information from the CIA and FBI; it's a suicide.
Mohitkhand
Aug 28, 2025 9:01am
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Impact on gold ??
Reply
Trader#DF84
Aug 28, 2025 9:03am
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It’s an obvious paperwork issue. She either claimed two houses as primary or she didn’t. There will be paperwork showing that. End of story. If she did it then she can be fired. Nothing more to it. People love bringing drama where it doesn’t exist.
Reply
oxbuck
Aug 28, 2025 9:15am
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Try this on for size:
Inserted Video
Trader#EAE6
Aug 28, 2025 9:17am
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Cook's just playing the game. Trump has no basis unless she is actually charged with something, so watch this space. She does seem adamant about not denying anything, which is a little suspect. Diversion tactics like this often mean there's more to the picture we aren't being shown.

Ya'll being herded like animals with all this Jawboning.
Reply
FXWish
Aug 28, 2025 9:38am
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She can't win
Reply
Trader#B81C
Aug 28, 2025 10:42am
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If she could "win" her attorney would simply provide concrete proof that she didn't claim two residences as primary. They have not done that, at all.
She is suing to stall for time and get her name in the press so she can get a cushy job at a firm or university that hates Trump. Stop thinking of things as truthful and logical in politics. Humans care about themselves and only themselves when push comes to shove. Everything she says and does is to further her own self interest. And, no, just because she is a person of color that does not give her the right to break the law as some believe.
Reply
Trader#1425
Aug 28, 2025 12:02pm
Permalink
Quoting Schultz
It is a little bit ambiguous - “This case challenges President Trump’s unprecedented and illegal attempt to remove Governor Cook from her position". My guess is, from the words illegal attempt, that she is not defending anything. She is on the front foot asserting that it acted ultra vires - beyond its powers. That's what I'd do. But it might not be that, may be other grounds. Just an educated guess.
Hasn’t everyone agreed that a president can fire a Fed member for “cause”? So it’s just a question if this particular mortgage error, intentional or otherwise, rises to the legal view of cause. I would say the average person would agree that it does. A regulator with a lot of power can’t be someone who breaks the the rules they oversee. All the comparisons with the president are meaningless, she is not an elected person, that makes it completely different.
Reply
Trader#4516
Aug 28, 2025 1:49pm
Permalink
Quoting Vancarbon
Quite ironic for someone who’s slept with a porn actress ( and paid for her silence ) , has 34 counts of felonies pending , was in cahoots with a known paedophile on the celebrity circuit and has a impressive record of bankruptcy and track record of abusing the law . But hey ! He’s somehow managed to become president . That says a lot .
Shouldn’t you be off throwing little girls in jail for defending themselves against the pedophiles you pay to come into your country? It’s ironic that you would be arrested for your vile hate filled comments in your home country, you know the one with zero free speech. But I guess you got tired of telling everyone to short stocks during a 30% up move.
Reply
Trader#9FC2
Aug 28, 2025 2:34pm
Permalink
Quoting umbrella man
{quote} Nah, even if it’s proven that she claimed two houses as primary, it’s not a cause to be fired from her position. The cause has to be related to her misconduct and fraud during her job. Those mortgages were before she started her job as a Fed governor. Trump admin knows he doesn’t have authority. Why you think they requested she resigns by herself for awhile? Use your brains deadbeats.
I’ll bet you that she does in fact lose her job over this. Since you are 100% convinced you are right, I suppose you will have to delete your account when it turns out you have no idea what you are talking about.
Reply
Trader#771A
Aug 28, 2025 8:04pm
Permalink
Quoting NotAtrader
Trump is the last president of the United States Of America and the first president of United American Socialist Republic (UASR). Americans can kiss the democracy Goodbye. They elected the dictator and will pay for this with their freedom.
complete bull shit
Reply
Trader#A306
Aug 28, 2025 8:40am
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Some observers link Cook to the rampant fraud among federal employees, unduly benefiting from U.S. budget.
Reply
Trader#D6C6
Aug 28, 2025 8:40am
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Im so happy about this news. Trump must kick her s.
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Trader#1A91
Aug 28, 2025 8:52am
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Idiot ruined my position
Reply
Trader#813F
Aug 28, 2025 10:24am
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Quoting FXWish
She can't win
Legallly speaking, I'm not so sure about that, but we will see.
Reply
Trader#595F
Aug 28, 2025 1:59pm
Permalink
Cook just admitted she did it, look it up. Now she says yes she broke the law but it was a clerical error lol.
Reply
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