General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLisa Cook refuses to give up seat.
Rosa Parks repeated.
Undaunted courage in the face of tyranny.
vapor2
(4,917 posts)Lutnick says she should just go away but these sycophants need to GO AWAY
bluestarone
(22,466 posts)Lisa Cooks!!!
Wednesdays
(23,129 posts)In the House and Senate.
lastlib
(28,613 posts)218 in House to impeach, 67 in Senate to convict. And throw in 6 more in the Supreme Court to make it all stick 9-0.
mwmisses4289
(4,728 posts)WSHazel
(824 posts)A mass resignation by the Fed leadership could sink the market. Just the threat could be enough.
gab13by13
(32,770 posts)Putting Krasnov in charge of the Fed would be a disaster of biblical proportions.
BoRaGard
(7,591 posts)just let me know where to send a check of support.
bigtree
(94,672 posts)Any attempt to fire Lisa Cook from her position of Governor at the Federal Reserve is just the latest in Donald Trumps DC partisan games to rig the economy for his billionaire donors at the expense of hardworking Americans.
This attempted firing shreds the independence of the Fed and puts every Americans savings and mortgage at risk.
Donald Trump is playing a dangerous game of Jenga with a key pillar of our economy.
This brazen power grab must be stopped by the courts before Trump does permanent damage to national, state, and local economies.
And if the economy comes crashing down, if families lose their savings and Main Street pays the price, Donald Trump will own every ounce of the wreckage and devastation families feel.
12:28 AM · Aug 26, 2025
Link to tweet
sop
(19,311 posts)Chuck Schumer just wrote another of his famous "sharply worded " missives...
We're safe now...whew!! And i was worried about a run on the banks...silly me
Hornedfrog2000
(866 posts)This statement, and a time machine to 2016 will get us exactly where we are today! Imagine in 2036 how great we will be, again. Then he will only be like 84 and still collecting checks.
Maybe by then he will realize the courts have less power than he does. I mean, i could wait around for the courts too, but he should really get off the fucking internet and do something.
NBachers
(19,572 posts)peggysue2
(12,597 posts)Every act of resistance is a very good thing.
Make The Beast in DC howl.
Never forget, never forgive.
LetMyPeopleVote
(182,047 posts)Abbe Lowell is a great lawyer
#FightBackAmerica ðºð¸
— 2021-Free until now ð ðð¬ð±ðºð¦ð· (@patricia-ann.bsky.social) 2025-08-26T15:58:06.587Z
Lisa Cook will sue over Trump firing from Fed board, her lawyer says
ððï¸
âTrump has no authority to remove Federal Reserve Governor Lisa Cook,â the lawyer, Abbe Lowell, said in a statement.â
www.cnbc.com/2025/08/26/l...
https://www.cnbc.com/2025/08/26/lisa-cook-sue-trump-fed.html
President Trump has no authority to remove Federal Reserve Governor Lisa Cook, the lawyer, Abbe Lowell, said in a statement, a day after Trump cited allegations of mortgage fraud by Cook in firing her.
His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis, Lowell said.
We will be filing a lawsuit challenging this illegal action.
Fil1957
(875 posts)Torchlight
(7,059 posts)as she overcomes their chickenshit nuisances, and theyll likely keep at it long after she already has. Shes standing tall, and her critics, surprised by this display of strength, will do everything except say the one word they really mean: uppity.
Uncle Joe
(65,525 posts)Deliberately undermining the nation's currency whether it be his non-stop promoting of crypto crap, mindless use of tariffs and immigration; damaging both farms, and construction, his belligerent language against our allies and neighbors which greatly diminished tourism while creating chaos with the FED.
Thanks for the thread kairos.
LetMyPeopleVote
(182,047 posts)The fired Fed governor has filed suit against Trumpand the discovery process may allow her celebrated lawyer to find out if the White House ordered a Trump loyalist to move against her.
With Lisa Cook suing to challenge Trump's firing of her, experts in mortgage law tell me her lawyer can now use discovery to dig into the role Trump loyalist William Pulte played in singling out mortgages of her, Schiff and Letitia James for scrutiny:
— Greg Sargent (@gregsargent.bsky.social) 2025-08-26T17:28:38.714Z
newrepublic.com/article/1996...

https://newrepublic.com/article/199612/furious-trump-firing-fed-lisa-cook-may-backfire
Yet this maneuver may yet backfire on Trumpin part because the accomplices helping carry it out have grown almost absurdly brazen in doing so.
The move appears to be illegal, though Trump may still get away with it. The law allows a president to remove a Fed board member for cause, which has generally meant something like a real reason grounded in actual misconduct, not a fake reason that the president pulled out of his rear end.
But Trumps letter firing Cook claims he can do this for cause at my discretion, meaning he gets to declare something cause by simply saying so, as The New York Timess Charlie Savage notes. The courts will decide whether the executive power includes this nearly limitless authority, and while Supreme Court precedent here is complex, a win for Trump is not at all assured.
Enter Trumps accomplices. The cause he cited is the charge that Cook committed mortgage fraud, a claim manufactured for him by William Pulte, a staunch Trump loyalist who heads the Federal Housing Finance Agency, which oversees mortgage markets. Pulte tweeted findings that Cook has fraudulently declared several principal or primary residences for mortgage purposes.......
Pulte is apparently manipulating agency processes for the express purpose of creating a pretext for referring matters involving Trumps designated enemies to DOJ. As Georgetown law professor Adam Levitin points out, its probable that the only way the mortgages of three leading Trump foes could all face scrutiny is if Pulte personally ordered it. Thats an abuse of office, Levitin writes, and a far greater offense than anything Cook, Schiff, or James might have done.......
Democrats should be making it absolutely clear, right now, that anyone who carries out corrupt or illegal orders for Trump cannot count on bureaucratic obscurity to shield them from political or legal accountability later. Yes, Trump might preemptively pardon top officials who are legally vulnerable. But Democrats should pointedly pose the question: Do you really think its wise to count on Donald Trump to secure you from jeopardy later?
Deuxcents
(27,703 posts)NickB79
(20,405 posts)Why does it seem the people REALLY standing up to Trump are mostly Black women?
Lisa Cook is a strong, brave woman indeed.
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.