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vegeta@lemmy.world to politics @lemmy.world · 10 days ago

Former Fed, Treasury chiefs urge Supreme Court to block Trump firing Lisa Cook

www.cnbc.com

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Former Fed, Treasury chiefs urge Supreme Court to block Trump firing Lisa Cook

www.cnbc.com

vegeta@lemmy.world to politics @lemmy.world · 10 days ago
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President Donald Trump has said he wants to fire Fed Governor Lisa Cook because of allegations she committed mortgage fraud. She denies any wrongdoing.
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  • PhilipTheBucket@piefed.social
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    10 days ago

    It is far from a garden variety of corrupt bureaucratic bullshit which it might at first appear to be. Corrupting the fed carries with it a huge amount of invasive control over private individuals’ and businesses’ money all across the country, which Trump is pretty much guaranteed to start abusing if he’s allowed to get away with this.

    https://www.theatlantic.com/economy/archive/2025/09/trump-federal-reserve-control-unchecked-power/684279/

    • spongebue@lemmy.world
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      10 days ago

      all across the country

      And cascading worldwide ☹️

    • Drusas@fedia.io
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      9 days ago

      Well, that’s a terrifying article.

  • UnderpantsWeevil@lemmy.world
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    10 days ago

    Supreme Court be like…

    • Mist101@lemmy.world
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      10 days ago

      I find this comparison offensive. Whores have way more integrity than politicians.

    • fartographer@lemmy.world
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      10 days ago

      I’m one of the whores

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