President Donald Trump has said he wants to fire Fed Governor Lisa Cook because of allegations she committed mortgage fraud. She denies any wrongdoing.
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.
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/
And cascading worldwide ☹️
Well, that’s a terrifying article.