Does she keep her job while the case plays out or is she cooked?
JumpCrisscross · 2h ago
> Does she keep her job while the case plays out or is she cooked?
We may very well have multiple people claiming legal authority to vote at the FOMC.
No comments yet
duxup · 1h ago
Every time a judge has intervened in Trump’s actions the majority in SCOTUS has called off any chance of real confrontation or consequences.
They allow the cases to continue but it’s almost a joke as everyone still ends up fired or funding cut so it’s effectively green lighting any executive action.
"Cook, the first Black woman to serve on the Federal Reserve Board, responded by saying she has done nothing wrong and Trump cannot fire her."
And:
Sen. Elizabeth Warren of Massachusetts, the top Democrat on the Banking Committee, said in a statement: “The illegal attempt to fire Lisa Cook is the latest example of a desperate President searching for a scapegoat to cover for his own failure to lower costs for Americans. It’s an authoritarian power grab that blatantly violates the Federal Reserve Act, and must be overturned in court.”
We may very well have multiple people claiming legal authority to vote at the FOMC.
No comments yet
They allow the cases to continue but it’s almost a joke as everyone still ends up fired or funding cut so it’s effectively green lighting any executive action.
"Cook, the first Black woman to serve on the Federal Reserve Board, responded by saying she has done nothing wrong and Trump cannot fire her."
And:
Sen. Elizabeth Warren of Massachusetts, the top Democrat on the Banking Committee, said in a statement: “The illegal attempt to fire Lisa Cook is the latest example of a desperate President searching for a scapegoat to cover for his own failure to lower costs for Americans. It’s an authoritarian power grab that blatantly violates the Federal Reserve Act, and must be overturned in court.”